Chip company benefits from the boom in electric cars

Clean room at Infineon

The production of microchips is to be massively expanded.

(Foto: Bloomberg)

München The chip manufacturer Infineon expects a long-lasting boom in the important electromobility business. “With some customers, we are now planning the quantities two years and more in advance,” said the head of the auto division, Peter Schiefer, the Handelsblatt.

This is good news for investors: they can expect generous margins. Because in the past, the Dax group usually had to struggle with overcapacity and the associated high vacancy costs. Or there were too few machines available and the Munich company lost sales – as in the past two years.

In view of the persistent, massive delivery bottlenecks, customers are now willing to give long-term purchase guarantees. This is enormously helpful for Infineon, explained Peter Wawer, head of the industrial division, in an interview with the Handelsblatt: “It takes a lot of time to increase capacities. Meanwhile, the lead times for equipment are also very long.”

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