BERLIN (Reuters) – Infineon, the main provider of microchips to the auto trade, lifted its revenue forecast for 2022 as provide stays tight amid soaring demand for its chips utilized in every thing from automobiles to dwelling home equipment.
The German firm now sees its 2022 revenues rising to round 13 billion euros ($14.7 billion) from 11.06 billion in 2021, it stated because it printed fiscal first-quarter outcomes on Thursday, having beforehand predicted full-year revenues of 12.7 billion euros.
($1 = 0.8857 euros)
(Reporting by Maria Sheahan, modifying by Kirsti Knolle)
