Infineon Technologies AG

Earnings Release • Jun 26, 2012

News Details

Ad-hoc | 26 June 2012 16:16

Infineon Technologies AG: Infineon updates outlook for third and fourth quarter of the 2012 fiscal year

Infineon Technologies AG / Key word(s): Profit Warning

26.06.2012 16:16

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Neubiberg, Germany - June, 26, 2012 - Infineon Technologies AG (FSE: IFX /
OTCQX: IFNNY) today updates its outlook for revenue and Total Segment
Result for the third and fourth quarter of the 2012 fiscal year.

For the current quarter, Infineon now expects a slight decline in revenues
compared to the second quarter and a Total Segment Result Margin of
approximately twelve percent.

The current global economic uncertainties led to a softer than expected
development in the company's operating business. With regards to sales,
this was not fully compensated by the strength in the exchange rate of the
US Dollar relative to the Euro. Margins were affected by lower than
expected profit contributions due to lower sales. A positive currency
impact in earnings did not materialize due to revolving foreign exchange
hedging.

For the fourth quarter of the 2012 fiscal year, Infineon expects revenues
and total Segment Result margin to be broadly flat compared to the third
quarter of the 2012 fiscal year.

Infineon will provide additional detail on the current quarter and the
outlook for the fourth quarter when reporting the results for the third
quarter of the 2012 fiscal year on July 31, 2012.

ABOUT INFINEON

Infineon Technologies AG, Neubiberg, Germany, offers semiconductor and
system solutions addressing three central challenges to modern society:
energy efficiency, mobility, and security. In the 2011 fiscal year (ending
September 30), the company reported sales of Euro 4 billion with close to
26,000 employees worldwide. Infineon is listed on the Frankfurt Stock
Exchange (ticker symbol: IFX) and in the USA on the over-the-counter market
OTCQX International Premier (ticker symbol: IFNNY).

Further information is available at www.infineon.com

This news release is available online at www.infineon.com/press

D I S C L A I M E R

This press release contains forward-looking statements about the business,
financial condition and earnings performance of the Infineon Group. These
statements are based on assumptions and projections resting upon currently
available information and present estimates. They are subject to a
multitude of uncertainties and risks. Actual business development may
therefore differ materially from what has been expected. Beyond disclosure
requirements stipulated by law, Infineon does not undertake any obligation
to update forward-looking statements.

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Language: English
Company: Infineon Technologies AG
Am Campeon 1-12
85579 Neubiberg
Germany
Phone: +49 (0)89 234-26655
Fax: +49 (0)89 234-955 2987
E-mail: investor.relations@infineon.com
Internet: www.infineon.com
ISIN: DE0006231004
WKN: 623100
Indices: DAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart;
Terminbörse EUREX

End of Announcement DGAP News-Service

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