Infineon reports 5.9% y/y growth in Q1 net income on higher sales
Net earnings from the automotive division grew 58.3% y/y, powering the performance
Germany-based semiconductor manufacturer Infineon reported a 5.9% year on year (y/y) rise in its net income to EUR161 million (around USD173.7 million) for the first quarter ended 31 December 2016, the company said in a press release on 2 February.
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