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LATEST NEWS1 Min Read
Infineon Technologies AG successfully placed a corporate bond with a volume of €750 million under its EMTN (European Medium Term Notes) program. The issue was several times oversubscribed. The bond has an annual coupon of 2,875% and a term of five years.
“With this successful transaction, Infineon was able to refinance upcoming maturities at very favorable conditions,” says Matthias Wolff, Head of Corporate Finance at Infineon.
The bond is issued in partial debentures with a nominal value of EUR 100,000 each and was placed exclusively with qualified institutional investors. The proceeds will be used for general business financing and the refinancing of maturing debt. Infineon last placed a corporate bond with a volume of €500 million under its EMTN program in February 2024.
Original – Infineon Technologies
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Infineon Technologies AG has signed a €2.0 billion revolving credit facility with a tenor of five years and two one-year extension options at each lender’s discretion.
A total of 14 national and international reputable banks from Europe, America, and Asia have taken part in the transaction.
“This highly successful transaction highlights the strong trust which Infineon enjoys from its banking group. With the new facility, Infineon enhances and complements its liquidity position for general corporate purposes.”, says Matthias Wolff, Head of Corporate Finance at Infineon.
Original – Infineon Technologies
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FINANCIAL RESULTS / LATEST NEWS2 Min Read
Infineon Technologies AG reported results for the first quarter of the 2025 fiscal year (period ended 31 December 2024).
“Infineon has held up well in a weak market environment, closing its first quarter slightly ahead of expectations,” says Jochen Hanebeck, CEO of Infineon. “Against a continued uncertain economic backdrop, our business trajectory in this fiscal year is following the pattern we expected: Following the expected inventory reduction, we continue to anticipate that the recovery in demand will be gradual for the current fiscal year. The positive stand-out is the move towards increased use of artificial intelligence, which is driving demand for our leading power supply solutions for AI data centers. This is a prime example of our long-term growth drivers, digitalization and decarbonization.”
- Q1 FY 2025: Revenue €3.424 billion, Segment Result €573 million, Segment Result Margin 16.7 percent
- Outlook for Q2 FY 2025: Based on an assumed exchange rate of US$1.05 to the euro, revenue of around €3.6 billion expected. On this basis, Segment Result Margin forecast to be in the mid-teens percentage range
- Outlook for FY 2025: Based on an assumed exchange rate of US$1.05 to the euro (previously US$1.10), revenue is now expected to be flat to slightly up (previously: to decline slightly) compared with the prior year. The adjusted gross margin should be around 40 percent and the Segment Result Margin in the mid-to-high-teens percentage range. Investments of approximately €2.5 billion planned. Free Cash Flow adjusted for investments in frontend buildings should be around €1.7 billion and reported Free Cash Flow around €900 million
Original – Infineon Technologies
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LATEST NEWS2 Min Read
Teradyne, Inc. and Infineon Technologies AG have entered into a strategic partnership to advance power semiconductor test.
As part of the strengthened relationship, Teradyne will acquire part of Infineon’s automated test equipment team (AET) in Regensburg, Germany. This acquisition provides mutual benefits for both companies. With the additional resources and expertise, Teradyne will accelerate its roadmap in the power semiconductor segment while collaborating on new solutions with a key market leader.
By entering into a service agreement, Infineon secures continued manufacturing support as well as enhanced flexibility to respond to internal demand for this specialized test equipment, and benefits from Teradyne’s economy of scale. Teradyne is fully committed to the 80-person team at Infineon’s Regensburg site and plans to build upon these capabilities as it integrates together with its Power Semiconductor business unit.
“We are thrilled to enter into this strategic partnership with Infineon,” said Rick Burns, President, Semiconductor Test Group at Teradyne. “Acquiring and integrating Infineon’s technology and team in Regensburg will extend our leadership in the power semiconductor market. Infineon’s technology will enhance our market-leading ETS product portfolio, demonstrating our commitment to continue to provide innovative solutions that meet the evolving needs of our customers.”
“Together with Teradyne, we are advancing our power semiconductor test capabilities,” said Alexander Gorski, Executive Vice President, Frontend Operations at Infineon. “Integrating our experienced workforce with Teradyne will help to accelerate innovation and address the dynamic test challenges in new technologies like silicon carbide and gallium nitride at the scale and flexibility needed by our markets and customers. At the same time, we provide our employees a long-term perspective in a highly specialized company.”
Original – Teradyne
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LATEST NEWS / PRODUCT & TECHNOLOGY2 Min Read
Infineon Technologies AG introduced new isolated gate driver ICs for electric vehicles to enhance its EiceDRIVER™ family. The devices are designed for the latest IGBT and SiC technologies. Furthermore, they support Infineon’s new HybridPACK™ Drive G2 Fusion module, the first plug’n’play power module that implements a combination of Infineon’s silicon and silicon carbide (SiC) technologies.
The pre-configured third-generation EiceDRIVER products, 1EDI302xAS (IGBT) and 1EDI303xAS (SiC/ Fusion), are AEC-qualified and ISO 26262-compliant, ideal for traction inverters in cost-effective and high-performant xEV platforms.
The devices 1EDI3025AS, 1EDI3026AS and 1EDI3035AS provide a strong output stage of 20 A and drive high-performance inverters of all power classes up to over 300 kW. The variants 1EDI3028AS and 1EDI3038AS with an output stage of 15 A are ideal for use in entry-level battery electric vehicle (BEV) and plug-in hybrid electric vehicle (PHEV) inverters as well as for the excitation circuit of externally excited synchronous machines (EESM). In addition, the devices are equipped with the new tunable soft-off feature, which provides excellent short-circuit performance to support the latest SiC and IGBT technologies.
Various monitoring functions, such as an integrated self-test for desaturation protection (DESAT) and overcurrent protection (OCP), improve the handling of latent system errors while the new primary and secondary safe-state interface enables versatile system safety concepts. In addition, a continuously sampling 12-bit delta-sigma ADC with integrated current source can read the voltage directly from temperature measurement diodes or an NTC.
The gate drivers also provide reinforced insulation according to VDE 0884-17:2021-10 to enable safe isolation following standardized qualification and production testing procedures. Furthermore, the compact package (PG-DSO-20) and excellent compatibility with the latest power stage technologies help customers to drive system integration and reduce design cycle times.
Original – Infineon Technologies
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InnoScience (Suzhou) Technology Holding Co., Ltd. announced that it has initiated legal action to protect its intellectual property rights related to cutting-edge gallium nitride (GaN) semiconductor technologies. The Company, along with its wholly-owned subsidiary InnoScience (Suzhou) Semiconductor Co., Ltd. (“InnoScience Suzhou,” collectively referred to as the “Plaintiffs”), has filed complaints with the Intermediate People’s Court of Suzhou City, Jiangsu Province, PRC.
The lawsuits (case numbers (2024) Su 05 Minchu No. 1430 and (2024) Su 05 Minchu No. 1431) allege patent infringement against Infineon Technologies (China) Co., Ltd., Infineon Technologies (Wuxi) Co., Ltd., and Suzhou Chipswork Electronics Technologies Co., Ltd. (collectively, the “Defendants”). The patents in question, 202311774650.7 and 202211387983.X, cover innovative GaN power device designs and semiconductor manufacturing methods, for which InnoScience Suzhou is the patentee, with the Company holding the appropriate licenses.
Original – InnoScience Technology
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LATEST NEWS2 Min Read
Infineon Technologies AG and Eve Energy Co., Ltd., a manufacturer of lithium batteries, have signed a memorandum of understanding (MoU). The two companies aim at enabling comprehensive battery management system solutions for the automotive market.
As part of the MoU, Infineon will supply a complete chipset, including microcontroller units, balancing and monitoring ICs, power management ICs, drivers, MOSFETs, controller area networks and sensor products. Equipped with these solutions, EVE Energy’s battery management system can provide high safety, high reliability and optimized cost. It also enables more accurate monitoring, protection and optimization of electric vehicle battery performance and improves driving experience and energy efficiency.
“The rapid growth in electrification has driven the need for advanced battery solutions. The partnership between Infineon’s advanced battery management ICs and EVE Energy`s advanced battery technologies will pave the way for the next generation of intelligent battery packs,” said Andreas Doll, Senior Vice President and General Manager Smart Power at Infineon. “Infineon offers a comprehensive and advanced system-level solution that meets the diverse needs of customers. We believe that further cooperation between the two sides will foster positive interaction and collaborative development at various levels.”
“EVE Energy has experienced rapid growth in the field of battery management systems in recent years, and we are determined to continue this development. Therefore, we highly value the partnership with Infineon,” said Liu Jianhua, co-founder and president of EVE Energy. “Our goal is to jointly introduce more advanced solutions to the market that meet customers’ needs and drive the development of reliable and efficient systems.”
Original – Infineon Technologies