This is expected to significantly boost the company’s revenue and profitability in 2027. The company sells chips for data centers and control systems to the automotive, industrial, consumer electronics and security equipment sectors.
Infineon is also flagging new investments next year of around 3.0–3.5 billion euros, including investments in Dresden, Germany, and Malaysia.
Revenue in the fourth quarter of the financial year rose 13 percent to 4.7 billion euros, while profit rose 26 percent to 532 million euros.
Revenue for the full financial year amounted to 16.4 billion euros, and the target for the current financial year is around 20 billion euros.
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