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2022-09-23 17:22:28
Infineon: Demand for automotive chips is strong, and chip foundry capacity is still tight
Nikkei Asian Review reported on May 16 that Infineon Technologies AG Chief Marketing Officer Helmut Gassel said in an interview that the overall environment is more challenging than last year, consumer confidence has declined, and personal computers, TVs and smartphones are related. Demand is waning. On the other hand, structural drivers lead to very strong demand in automotive, industrial, renewable energy and smart devices (infineon's area of expertise), especially electric vehicles (EV), renewable energy will create new demand for the chip industry (Xingyujia Technology).
?? Infineon pointed out that the backlog of orders in January-March 2022 increased by 19.4% to 37 billion euros from 31 billion euros in the previous quarter, including orders that have not yet been confirmed. Gassel pointed out that more than 50% of these orders are automotive-related products, and up to 75% will be delivered in the next 12 months. The backlog of orders is obviously far beyond Infineon's delivery capacity. He also said that overall, chip foundry capacity is still far below overall demand.
?? Gassel told Handelsblatt late last year that digitalization is a sustainable trend and that strong growth will continue for a considerable period of time.
??Bosch (Robert Bosch GmbH) Chairman of the Board of Directors Stefan Hartung announced on May 4 that Bosch will invest an additional 10 billion euros in digital transformation in the next three years (Xingyujia Technology). Digitization plays a special role in sustainable development, he said.
?? Infineon CEO Jochen Hanebeck said on May 9 that decarbonization and digitalization will profoundly change the world in which humans live in the next 10 years. Infineon is actively driving this change (Xingyujia Technology), and at the same time grasping Live these opportunities to create profitable growth.
?? Infineon said that based on the exchange rate of 1 euro to 1.10 US dollars (previously 1.15 US dollars), the 2022 revenue forecast was revised up from 13 billion euros (plus or minus 500 million euros) to 13.5 billion euros (plus or minus 500 million euros). minus 500 million euros). The euro against the dollar fell to the lowest intraday price of 1.0348 on May 13, the lowest since January 3, 2017, and was reported at 1.0431 at the end of May 16.
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