英飞凌科技(ADR) 2024年度报告

Infineon Technologies AG Contents 2Infineon key data3Infineon at a glance4Management Board andSupervisory Board4Letter to shareholders10The Management Board12Report of the Supervisory Boardto the Annual General Meeting 19Combined Management Report20Business model27Group strategy35Research and development39Internal management system42Review of the semiconductorindustry442025 fiscal year61Infineon on the capital market64Overall statement on Infineon’sfinancial condition65Report on outlook, risk andopportunity82Infineon Technologies AG86Corporate Governance90List of references 91Consolidated Financial Statements92Consolidated Statement of Profit or Loss93Consolidated Statement ofComprehensive Income94Consolidated Statement ofFinancial Position95Consolidated Statement of Cash Flows96Consolidated Statement ofChanges in Equity98Notes to the ConsolidatedFinancial Statements Navigation in the report per mouse click Last page viewedSearchMain table of contentsPrevious pageNext page Further information Page referenceChart reference(Chart overview onp.188)Reference(List of references onp.90)Reference to external documents 175Further information175Responsibility Statement by the Management Board176Independent Auditor’s Report184Applications and product range188Chart overview188List of abbreviations189Financial calendar 2026190Imprint This interactive pdf is optimized for usewith Adobe Acrobat. Revenue€14.662 bn–2% Infineonat a glance Infineon Technologies AG is a worldleader in semiconductor solutionsthat make life easier, safer and greener.Microelectronics from Infineon isthe key to a better future. In the 2025fiscal year (ending 30 September),the Group reported revenue ofapproximately €14.7 billion withsome 57,000 employees worldwide.Infineon is listed on the FrankfurtStock Exchange (ticker symbol: IFX)and in the USA on the over-the-countermarket OTCQX International Premier(ticker symbol: IFNNY). Letter to shareholders The 2025 fiscal year was a very special year for Infineon. Twenty-five years ago, on13March 2000, we went public as an independent company. Looking back, as acompany we have achieved major milestones, expanded our business, strengthenedour profitability, successfully navigated challenging times, and continually evolved.Infineon is a story of transformation and success. Our capacity for innovation,combined with our ability to adapt to changing markets and environments, has madeus a leading provider of outstanding semiconductor solutions. Over the years, we have significantly expanded our portfolio of capabilities beyond ourtraditional stronghold in power semiconductors, which accounted for approximately35 percent of our revenue in the 2025 fiscal year. We are exceptionally well positionedin this area, offering an unrivaled breadth across all three key technologies: silicon,silicon carbide, and gallium nitride. Approximately 30 percent of our revenue isgenerated from analog semiconductors and sensors. Examples include drivers, DCconverters, intelligent power switches, our broad sensor portfolio, and memory fortargeted applications. The remaining roughly 35 percent of our products fall underthe Control & Connectivity category. This encompasses our microcontrollers for auto-motive, security and industrial applications, along with a wide spectrum of wirelessand wired data transmission products. With this extensive portfolio and our “fromProduct to System” approach, we differentiate ourselves from competitors and delivertangible value to our customers. Jochen HanebeckChief Executive Officer To further raise awareness of the economic and societal relevance of semiconductorsand Infineon’s role, we used our anniversary year as inspiration to launch a commu-nications campaign. Under the motto “Matters to me,” customers, employees, andpartners from around the world shared what Infineon’s semiconductors mean to themand the real-world impact our solutions have. Our campaign attracted considerableattention and positive feedback, further reinforcing our stakeholders’ identificationwith Infineon and our corporate vision: We are driving decarbonization and digitaliza-tion decisively forward with our partners. We want our shareholders to benefit appropriately from this success. At the upcomingAnnual General Meeting, we will therefore propose a dividend of €0.35 per share, thesame as the previous year’s dividend. We are thereby following our dividend policygeared toward consistency, while preserving Infineon’s financial flexibility for futureinvestments. Both decarbonization and digitalization continue to fuel structurallyincreasing demand for semiconductors. These long-term growth drivers form thefoundation of our business and will continue to present Infineon with ample oppor-tunities in the future. The 2025 fiscal year: Expectations met despitea challenging environmentInfineon faced a highly challenging environment in the 2025 fiscal year. The downturn Mobility of the future: Software-defined veh