Infineon Posts Strong 2Q, Expects Positive 3Q

Infineon Technologies AG has announced that revenues and total segment result for the second quarter of the 2011 fiscal year are better than expected. Infineon expects revenues of Euro994 million for 2Q, up from Euro922 million in the previous quarter, and a total segment result margin of 20 percent.

In the outlook for the second quarter of the fiscal year 2011 that was published on February 1, 2011, Infineon expected revenues to be up slightly compared to the first quarter of the fiscal year, with total segment result margin of 18 to 20 percent.

For the third quarter of the 2011 fiscal year, Infineon expects revenues and total segment result margin at the level of the second quarter. Infineon will go into specifics concerning the past quarter, the outlook for the current quarter and the expectations for the fiscal year 2011 when presenting the figures for the second quarter of the fiscal year 2011 on May 3, 2011.

Infineon