Infineon posts 25% y/y growth in first-quarter revenue to USD4.31 billion

Financial results

Net profit surged 59% y/y to EUR728 million

Infineon has reported a 25% year-on-year (y/y) increase in revenue for the first quarter of fiscal 2023 at EUR3.91 billion (USD4.31 billion), according to a company press release on 2 February.

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