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Top related persons:
Annalena Baerbock's - 5 Robert Habeck - 4 Annegret - 4 Jochen Hanebeck - 3 Miranda Murray - 3 China's Cherry - 2 Infineon's - 2 Christina Amann - 2
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Search resuls for: "Annalena Baerbock's"


6 mentions found


☆ Infineon reports better-than-expected 2023 revenue on semiconductor demand
  + stars: | 2023-11-15 | by ( ) www.reuters.com   time to read: +1 min
Infineon Technologies AG logo is seen during German Economy Minister Robert Habeck and Foreign Minister Annalena Baerbock's visit, in Dresden, Germany July 13, 2023. REUTERS/Annegret Hilse/File Photo Acquire Licensing RightsBERLIN, Nov 15 (Reuters) - German chip manufacturer Infineon (IFXGn.DE) reported higher-than-expected revenue for its 2023 fiscal year on Wednesday as demand for semiconductors, particularly in the electromobility and renewable energy sectors, remains unabated. Revenue was 16.31 billion euros ($17.72 billion), up 15% from the year before, slightly beating company-provided analyst expectations of 16.22 billion euros. "Structural semiconductor growth in the areas of renewable energy, electromobility – especially in China – and microcontrollers for the automotive industry remains unabated," said Chief Executive Jochen Hanebeck. The company is forecasting slightly slower revenue growth for the 2024 fiscal year of 17 billion euros, plus or minus 500 million.
Persons: Robert Habeck, Annalena Baerbock's, Annegret, Jochen Hanebeck, Miranda Murray, Linda Pasquini Organizations: Infineon, REUTERS, Rights, Revenue, Thomson Locations: Dresden, Germany, China
☆ German foreign minister, in Israel, says humanitarian crisis must be contained
  + stars: | 2023-11-11 | by ( ) www.reuters.com   time to read: +2 min
[1/2] German Foreign Minister Annalena Baerbock's holds a press conference in Tel Aviv, Israel November 11, 2023, in this still image taken from a video. The trip has taken Baerbock to the United Arab Emirates and Saudi Arabia. It was unclear how Israel in case of a general ceasefire would be able to defend itself, Baerbock said. The Middle East has been on edge since Hamas fighters rampaged into Israel on Oct. 7, killing 1,200 people. "I have assured my colleague Eli Cohen of Germany's unshakable solidarity with Israel," Baerbock said.
Persons: Annalena Baerbock's, Joseph Campbell, Annalena Baerbock, Eli Cohen, Baerbock, rampaged, Germany's, Vera Eckert, Christina Fincher Organizations: REUTERS, Rights, West Bank, European Union, United Arab, Reuters, Thomson Locations: Tel Aviv, Israel, Gaza, East, Brussels, United Arab Emirates, Saudi Arabia, Ramallah, West Bank . Saudi Arabia
☆ Infineon signs semiconductor supply deal with automakers Hyundai, Kia
  + stars: | 2023-10-18 | by ( ) www.reuters.com   time to read: +1 min
Infineon Technologies AG logo is seen during German Economy Minister Robert Habeck and Foreign Minister Annalena Baerbock's visit, in Dresden, Germany July 13, 2023. REUTERS/Annegret Hilse/File Photo Acquire Licensing RightsBERLIN, Oct 18 (Reuters) - German chip manufacturer Infineon (IFXGn.DE) said on Wednesday it has signed a multi-year agreement with Hyundai and Kia to supply power semiconductors for the production of electric cars. Infineon will build and reserve manufacturing capacity to supply silicon carbide and silicon power modules and chips to Hyundai and Kia until 2030, with the two carmakers to support the project with financial contributions, Infineon said in a statement. "This partnership not only empowers Hyundai Motor and Kia to stabilise its semiconductor supply but also positions us to solidify our leadership in the global EV (electric vehicle) market," Heung Soo Kim, Hyundai's Executive Vice President, said in a statement. Reporting by Rachel More, Editing by Louise HeavensOur Standards: The Thomson Reuters Trust Principles.
Persons: Robert Habeck, Annalena Baerbock's, Annegret, Heung Soo Kim, Rachel More, Louise Heavens Organizations: Infineon, REUTERS, Rights, Hyundai, Kia, Hyundai Motor, Thomson Locations: Dresden, Germany
☆ Infineon boosts Malaysia investment as Q3 revenue above forecast
  + stars: | 2023-08-03 | by ( ) www.reuters.com   time to read: +2 min
For the full year, Infineon expects investments amounting to approximately 3 billion euros. The planned expansion of the Kulim fab is backed by customer commitments covering about 5 billion euros and about 1 billion euros in pre-payments, said Infineon, which said it would invest up to an additional 5 billion euros over the next five years. The company expects the expanded facility - together with its plant in Villach, Austria - to generate annual revenues of 7 billion euros. The company on Thursday confirmed its revenue outlook of around 16.2 billion euros, which it had raised in May. Infineon's third-quarter adjusted, or "segment", result was down 10% from the previous quarter at 1.067 billion euros, while its margin came in slightly lower than expected, at 26.1%.
Persons: Robert Habeck, Annalena Baerbock's, Annegret, Schwarz, Jochen Hanebeck, Ford, China's Cherry, Infineon's, Miranda Murray, Christina Amann, Friederike Heine, William Mallard Organizations: Infineon Technologies, REUTERS, Infineon, Lang, Semiconductor, SAIC, Thomson Locations: Dresden, Germany, Malaysia, BERLIN, electromobility, Villach, Austria
☆ Infineon shares slump on Q4 warning, eyes Malaysia expansion
  + stars: | 2023-08-03 | by ( ) www.reuters.com   time to read: +3 min
Infineon forecast revenue of around 4 billion euros ($4.37 billion) in the fourth quarter, below expectations of 4.14 billion euros, according to IBES data from Refinitiv. The company, however, confirmed its revenue outlook of around 16.2 billion euros, which it had raised in May. Infineon's third-quarter adjusted result was down 10% from the previous quarter at 1.067 billion euros, while its margin came in slightly lower than expected, at 26.1%. MALAYSIA FACTORYInfineon said it will invest 5 billion euros over the next five years to build a power chip plant in Malaysia, on top of the 2 billion euros investment it had planned last year. For the full year, Infineon expects investments amounting to approximately 3 billion euros.
Persons: Robert Habeck, Annalena Baerbock's, Annegret, Gartner, Jochen Hanebeck, Infineon's, China's Cherry, Miranda Murray, Christina Amann, Friederike Heine, William Mallard, Kim Coghill Organizations: Infineon Technologies, REUTERS, Infineon, AMD, Qualcomm, JPMorgan, Semiconductor, MALAYSIA, Ford, SAIC, Thomson Locations: Dresden, Germany, Malaysia, Refinitiv, Infineon's, Villach, Austria, German
☆ EU wrangles with Hungary over Ukraine aid, tax plan as billions at risk
  + stars: | 2022-12-12 | by ( Gabriela Baczynska | ) www.reuters.com   time to read: +4 min
As the wrangling has gone on, Hungary also blocked the 18 billion euros joint EU loan to Ukraine and the tax plan, drawing ire from other countries for what they said was an attempt to blackmail the bloc into releasing the funds to Budapest. Hungary says it opposes joint EU borrowing to support Ukraine but that it would extend bilateral aid to Kyiv instead. Budapest has also said the OECD plan for a minimum corporate tax is against Hungary's national interests. Other EU countries are divided between those willing to punish Hungary more harshly and those saying the amounts frozen would be lessened if Hungary moved on Ukraine and OECD. The rest depends on Hungary, it's their money," said one EU diplomat.
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