Infineon looking for €8.5bn revenues this year

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Infineon reported calendar Q2 revenues of €2,174 million in results which included Cypress figures for the first time. For calendar Q3, it expects revenue of between €2.3 billion and €2.6 billion with a margin of 14%. For the full year, Infineon expects revenues of €8.5 billion at a margin of 13%. Infineon’s automotive division suffered a …

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