Products for the automotive segment provide the company Infineon 44% of revenue in the last quarter

Extras on their financial Affairs within the framework of the next report said the company Infineon. At the end of the reporting period, and for the German semiconductor manufacturer, ended the second quarter of the 2017 financial year, the company recorded revenue in the amount of 1.77 billion euros, which is 10% higher than a year ago.

Gross margin increased from 35.1% to 36.5%, net profit — from 180 to 199 million euros. In comparison with the previous quarter revenue grew by 7% and net profit increased by 24%.

Almost half of the revenue (44%) of the company brought the unit responsible for automotive solutions. Over the last quarter, it was rescued by € 783 million, increasing the rate of 17%. In General, only one unit showed a decline in revenue: Chip Card & Security. It brought the company 169 million against EUR 181 million a year earlier.

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