FRANKFURT/PARIS, April 27 (Reuters) - STMicroelectronics has extended the contract of its CEO by a year and lined up its operations chief to succeed him, seeking to end a battle over succession between France and Italy, a source with knowledge of the matter said on Thursday. Long-time CEO Carlo Bozotti will have its mandate extended by a year, while operations chief Jean-Marc Chery will become deputy CEO on July 1, STMicro said in separate statements.
- Reuters - UK Focus•17 days ago
Dialog Semiconductor (LSE: 0OLN.L - news) risks losing a crucial supply deal with Apple Inc , according to a financial analyst who cut his rating on the stock on Tuesday, sending the Anglo-German chipmaker's shares down by as much as one-third. Bankhaus Lampe reduced its rating on Dialog to "sell" from "hold" as it argued that Apple was working on its own battery-saving chip for the iPhone that could replace Dialog's power management integrated circuits (PMIC) as early as 2019. Apple accounted for more than 70 percent of Dialog's 2016 sales, analysts estimate.
- GuruFocus.com•18 days ago
Company is exposed to automotive electronics growth, but competition is intense and a single-digit growth doesn't justify valuation
IFX.DE: Summary for INFINEON TECH.AG NA O.N. - Yahoo Finance
Infineon Technologies AG (IFX.DE)
XETRA - XETRA Delayed price. Currency in EUR
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|Bid||0.00 x 427900|
|Ask||0.00 x 8100|
|Day's range||18.87 - 19.10|
|52-week range||11.64 - 19.26|
|PE ratio (TTM)||28.44|
|Dividend & yield||0.23 (1.13%)|
|1y target est||N/A|