New outlook for 2010 FY: Revenue growth in excess of 20% with high single-digit margin.
Neubiberg, Germany – January 29, 2010 – Infineon Technologies AG (FSE: IFX /
OTCQX: IFNNY) today reported results for the first quarter of the 2010 fiscal year, ended December 31, 2009.1
Strong operating performance with revenue increase of 10% sequentially and
combined Segment Result2 margin of 9.4%
Infineon’s revenues in the first quarter were Euro 941 million, a strong increase of 10 percent compared to the fourth quarter of the 2009 fiscal year and of 27 percent yearover- year. Infineon’s first quarter combined Segment Result was Euro 88 million, a significant improvement compared to Euro 52 million in the prior quarter. Net income for the first quarter was Euro 66 million compared to Euro 14 million in the prior quarter.

Outlook for the second quarter and the full 2010 fiscal year
For the second quarter of the 2010 fiscal year, Infineon expects revenues to be
approximately on the same level or, due to seasonality, down slightly compared to the first quarter. Second quarter combined Segment Result margin should be a high singledigit percentage.
For the 2010 fiscal year as a whole, Infineon is raising its guidance and is now anticipating growth in revenues in excess of 20 percent compared with the 2009 fiscal year, with a high single-digit combined Segment Result margin.
1 The sale of the Wireline Communications business to Lantiq, affiliates of Golden Gate Private Equity Inc., closed on November 6, 2009. Statements in this news release reflect the company’s operations without this business.
2 For a definition of Segment Result and a reconciliation to operating income (loss), please see page 8.

more info on
http://www.infineon.com/dgdl/INFXX201001-027e.pdf?folderId=db3a304326623792012676b915176654&fileId=db3a304326623792012676bfb4481f95