Infineon Faces Quarterly Loss Amid Weak Demand and Legal Settlement

The semiconductor giant reports a significant drop in profits and anticipates continued challenges due to sluggish market conditions.

Infineon reported a quarterly loss of 84 million euros, influenced by a legal settlement related to its former memory business, Qimonda.
The company's annual revenue fell by over 1.3 billion euros, ending at nearly 15 billion euros for the fiscal year.
CEO Jochen Hanebeck highlighted weak demand across most sectors, with artificial intelligence being the only exception showing growth potential.
Despite the financial setbacks, Infineon plans to maintain its dividend at 35 cents per share.
The legal dispute with Qimonda's insolvency administrator, which began in 2010, concluded with a settlement costing Infineon over 400 million euros.