-
Semiconductor Manufacturing International Corporation, one of the leading semiconductor foundries in the world, announced its consolidated results of operations for the three months ended March 31, 2025.
First Quarter 2025 Highlights
- Revenue was $2,247.2 million in 1Q25, compared to $2,207.3 million in 4Q24, and $1,750.2 million in 1Q24.
- Gross profit was $505.9 million in 1Q25, compared to $499.0 million in 4Q24, and $239.7 million in 1Q24.
- Gross margin was 22.5% in 1Q25, compared to 22.6% in 4Q24 and 13.7% in 1Q24.
The following statements are forward looking statements based on current expectations and involved risks and uncertainties.
Second Quarter 2025 Guidance
The Company expects (in accordance with IFRSs):
- Revenue to decrease by 4% to 6% QoQ.
- Gross margin to range from 18% to 20%.
Management Comments
In the first quarter, the Company achieved total revenue of $2,247 million, up 1.8% sequentially; gross margin was 22.5%, remaining roughly flat sequentially; the capacity utilization rate increased by 4.1 percentage points sequentially to 89.6%.
The Company’s second quarter guidance is as follows: revenue is expected to decrease 4% to 6% sequentially, and the gross margin is expected to be in the range of 18% to 20%.
The Company believes that the second half of the year presents both opportunities and challenges. The Company will enhance its adaptability and risk resilience capability. The Company’s top priority remains as strategic focus on its core business and near-term deliverables.
Original – SMIC
-
DENSO CORPORATION and ROHM Co., Ltd. announced that the two companies have reached a basic agreement to establish a strategic partnership in the semiconductor field. This agreement follows discussions and considerations that began in September 2024.
Recently, the importance of semiconductors that support the electrification and intelligence of vehicles has been increasing significantly. This is driven by the development and spread of electric vehicles aimed at achieving carbon neutrality, as well as the realization of automated driving, which is expected to contribute to zero fatalities in traffic accidents.
DENSO and ROHM have a long-standing collaboration in the trade and development of automotive semiconductors. Going forward, both companies will integrate DENSO’s advanced system construction capabilities in the automotive sector with ROHM’s cutting-edge semiconductor technology, cultivated in the consumer market. This partnership will focus on enhancing the lineup of high-quality devices, particularly analog ICs, that support vehicle electrification and intelligence, and deepening collaboration in development. Additionally, in highly compatible fields within their semiconductor businesses, both companies will discuss broad collaboration. By globally supplying products created through this co-creation, both companies aim to contribute to technological innovation in the automotive field and realize a sustainable mobility society.
To further solidify this partnership, DENSO and ROHM will continue to consider strengthening their capital relationship.
DENSO CORPORATION President & CEO, Shinnosuke Hayashi
DENSO positions semiconductors as key devices to realize next-generation vehicle systems and has been deepening its cooperative relationships with semiconductor manufacturers that possess rich experience and knowledge. ROHM has a wide range of semiconductor lineups that are crucial for automotive electronics products, essential for vehicle intelligence and electrification. We are very pleased that the partnership with ROHM is progressing smoothly. By further deepening the collaboration between both companies and integrating DENSO’s accumulated automotive technology and expertise, we believe we can contribute to the development of the mobility society through stable supply and enhanced product value.ROHM Co., Ltd. President (Representative Director), Katsumi Azuma
We are very pleased to deepen our collaborative relationship with DENSO, a leader in technological innovation for the mobility society. This partnership not only strengthens our relationship as suppliers but also envisions broad collaboration in the semiconductor business of both companies. Initially, we will focus on the development of analog ICs related to next-generation systems such as electrification, automated driving, and connected vehicles. Furthermore, without narrowing the scope, we will integrate our respective technologies, knowledge, and assets across a wide range of fields to contribute to technological innovation and stable supply in the automotive industry.Original – DENSO
-
Infineon Technologies AG published results for the second quarter of the 2025 fiscal year (period ended 31 March 2025).
- Q2 FY 2025: Revenue €3.591 billion, Segment Result €601 million, Segment Result Margin 16.7 percent
- Outlook for Q3 FY 2025: Based on an assumed exchange rate of US$1.125 to the euro, revenue is expected to reach €3.7 billion. On this basis, the Segment Result Margin is forecast to be in the mid-teens percentage range
- Outlook for FY 2025: Based on an assumed exchange rate of US$1.125 to the euro (previously 1.05), Infineon expects now revenue to slightly decline compared with the prior year. This includes a guesstimate of potential effects related to tariff disputes. The adjusted gross margin should be around 40 percent and the Segment Result Margin now in the mid-teens percentage range. Investments are reduced to around €2.3 billion. Adjusted Free Cash Flow (Free Cash Flow adjusted for investment in frontend buildings) should now be around €1.6 billion and reported Free Cash Flow unchanged at around €900 million
“Infineon has performed well in the second quarter. Even at a more unfavorable exchange rate of $1.125 to the euro, we would be right on track and in line with our previous expectations for the fiscal year. Given that order intake still shows no signs at all of slowing down, we can only guesstimate the effects of tariff disputes. We have therefore applied a haircut of 10 percent of expected revenue in the fourth quarter of the 2025 fiscal year. We are now anticipating a slight decline in revenue compared with the prior year,” says Jochen Hanebeck, CEO of Infineon.
For the full version of this news release (incl. financial data), please download the PDF version.
Original – Infineon Technologies
-
Infineon Technologies AG has received final approval for the funding of its new plant in Dresden (Smart Power Fab) from the German Federal Ministry for Economic Affairs. Infineon is expanding the site in order to meet customer demand for example for renewable energies, efficient data centers and electromobility. Infineon will invest five billion euros of its own money, creating as many as 1,000 new jobs.
This figure does not include additional jobs which will be generated in the investment’s ecosystem: Experts expect a positive job effect of 1:6 (Source: ZVEI-Studie). In addition, Infineon is also investing in Dresden through its participation in the joint venture “European Semiconductor Manufacturing Company (ESMC) GmbH”.
“The final funding approval for our Smart Power Fab is an important milestone for us as a company and is a clear signal to the European semiconductor ecosystem,” says Infineon CEO Jochen Hanebeck. “We are grateful to the German federal government, the Free State of Saxony and to the European Union for their support. The semiconductors we manufacture in Dresden are our contribution to making the future value chains of key European industries even more robust.”
Infineon’s Smart Power Fab not only helps strengthen European supply chains in the microelectronics sector, it also further solidifies the position of Dresden and Silicon Saxony as Europe’s largest semiconductor hub. The European Commission approved the funding by the German federal government on 20 February. The Smart Power Fab is being supported by both the European Chips Act and the IPCEI ME/CT innovation program (“Important Project of Common European Interest on Microelectronics and Communication Technologies”). Overall funding for the site from these sources totals approximately one billion euros.
Construction of the Smart Power Fab, currently one of Germany’s largest building projects, is proceeding as planned, with the building shell currently nearing completion. Infineon held a topping-out ceremony together with all those involved in construction activities in early April this year. Already in May 2023, Infineon celebrated the official groundbreaking, after the German federal government granted permission for an early project launch. Production is to begin in 2026.
Original – Infineon Technologies
