Annual Report 2019

Annual Report 2019

Infineon continued to grow during the 2019 fiscal year in a difficult environment. Revenue increased by 6 percent to €8.029 billion. Segment Result slightly decreased to €1.319 billion, corresponding to a margin of 16.4 percent. The revenue and profitability target, which we defined at the beginning of the fiscal year, has been reduced due to the economic downturn in the course of the 2019 fiscal year.

Today, our traditional core competencies are in greater demand than ever. We make our customers more successful with leading technology and system understanding. We develop solutions that make life easier, safer and greener.

Letter to shareholders

Infineon has been an independent company for 20 years now. During this time, we have matured into a very solid accomplished company with unique technology competencies, full of plans for shaping the future. In the 2019 fiscal year, important directions were set – in terms of strategy, operations, finance and personnel. Without a doubt, the most significant event is the planned acquisition of Cypress, with which Infineon will evolve into a provider of comprehensive and integrated system solutions, in line with our long-term strategy. Equally forward-looking is the construction of our second 300-millimeter plant for power semiconductors in Villach (Austria), for which the groundbreaking took place about one year ago. The acquisition of Siltectra is another important element that reinforces our leading technology position in the area of silicon carbide.

To the complete letter