Infineon credits software-defined vehicles for automotive growth, EV power still subdued
The chipmaker's third-quarter results, published August 5, put its Automotive segment at €1,932 million and attributed the increase to parts sold into software-defined vehicles.
Infineon Technologies said on August 5 that revenue in its Automotive segment rose to €1,932 million in the third quarter of its 2026 fiscal year, from €1,830 million in the previous quarter and €1,870 million a year earlier. The company attributed the sequential increase to stronger demand for microcontrollers, Smart Power components and Ethernet products, primarily in the area of software-defined vehicles.
That attribution came with a qualifier. Setting out its expectations for the full fiscal year, Infineon said the positive momentum in software-defined vehicles was being offset by subdued demand for high-voltage components in electromobility, and that the Automotive segment was expected to grow more slowly than the group average.
Segment profitability moved the other way from revenue. Automotive Segment Result was €356 million, up from €331 million in the previous quarter but down from €371 million a year earlier, and the segment margin stood at 18.4 percent against 19.8 percent a year earlier. Group revenue reached €4,172 million with a Segment Result of €797 million and a margin of 19.1 percent, which the company described as record sales — driven, it said, by demand for power supply products for artificial-intelligence data centers rather than by vehicles. Chief executive Jochen Hanebeck said automotive orders were “also picking up noticeably.”
The quarter ended June 30. For the fourth quarter Infineon forecast moderate growth in the Automotive segment, against significant sequential increases in each of its three other segments.
Source: Infineon Technologies AG, results for the third quarter of the 2026 fiscal year