Infineon: Lower profits, stable sales despite the crisis



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The Austrian subsidiary almost kept sales last year at 3,109 million euros. However, pre-tax earnings fell 36 percent to € 306 million. This decline is primarily due to reduced production capacity utilization, the company writes. The number of employees remained almost stable at 4,517.

Infineon also has a location in Linz-Urfahr, where radar chips for automobiles and parts for navigation systems are developed. Approximately 200 people are employed.

It was also a difficult business year for Infineon, but it ended successfully, said the CEO of Infineon Austria. Sabine Herlitschka. Although production in the auto industry has declined, the company is benefiting from the trend toward electric mobility: New cars get more chips because they are equipped with more electronic functions. For example, there are 50 Infineon semiconductors in each VW ID.3. Power semiconductors are also used in ventilators in hospitals, for example. Also, there is increasing digitization, for example in home office and homeschooling, Herlitschka says.

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