Wants end-to-end machine learning toolchain tech

Infineon has acquired Imagimob, a start-up based in Stockholm specialising in machine learning for edge devices. 

There is gold in solar power

German chipmaker Infineon raised its full-year guidance after noticing that there was strong demand from the electromobility, renewable energy generation and energy infrastructure sectors.

No batteries just use your phone

Infineon, which has a new chip for sale that allows the opening of NFC locks without battery, because the energy used is taken from the smartphone.

Chip shortage will continue into next year

Infineon lifted its revenue forecast for 2022 as it predicted that a global shortage of semiconductors will continue well into the current year.

Bottlenecks

The semiconductor industry's struggle to keep up with incoming orders looks set to continue as supply bottlenecks may last until the end of 2022, a member of German chipmaker Infineon's management board told the Handelsblatt newspaper.

Cypress deal going well

Infineon expects to meet its lowered guidance for the year to September after posting third quarter sales and profit in line with market expectations.

No  second half recovery this year

US chipmaker Broadcom warned a US-China trade conflict and export restrictions on Huawei were causing a worldwide slowdown in demand for chips.

Shareholders worried at more than 9 billion euro price tag.

Infineon has agreed to buy Cypress Semiconductors in a 9 billion euros including debt, sending shares in the German company lower on concerns over the cost.

Hurting profit margins

German chipmaker Infineon said that a slump in demand had led to an inventory pile-up that would only plateau this summer, keeping the pressure on profit margins.

Crunch that!

Infineon said that a machine called Sub1 Reloaded solved Rubik’s Cube in 637 milliseconds - the fastest recorded time for a human to solve the puzzle in 4.9 seconds.