Infineon Technologies traded at 49.89 this Thursday October 22nd, decreasing 3.21 or 6.04 percent since the previous trading session. Looking back, over the last four weeks, Infineon lost 14.83 percent. Over the last 12 months, its price rose by 49.27 percent. Looking ahead, we forecast Infineon Technologies to be priced at 51.00 by the end of this quarter and at 47.03 in one year, according to Trading Economics global macro models projections and analysts expectations.
Infineon Technologies AG is a Germany-based designer, developer and manufacturer of semiconductors and related system solutions. The Company operates through four divisions: Automotive, Industrial Power Control, Power & Sensor Systems and Connected Secure Systems. Automotive division designs, develops, manufactures and markets semiconductors to support automotive applications like electromobility, automated driving, connectivity, and advanced security. Industrial Power Control division provides products, solutions and services for energy generation, transmission, storage, and use. Power & Sensor Systems provides semiconductors and power and connectivity devices like chargers, servers, mainboards, power tools, and lighting systems. Connected Secure Systems provides Internet of Things (IoT) technologies like computing, wireless connectivity, and technologies that provide secure connections.