873EC-JIPFGZ-5 As the world leader in semiconductors for power systems and the Internet of Things, Infineon’s total global revenue reached a record high of €16.3 billion in fiscal year 2023. This achievement is mainly due to Infineon’s grasp of the low-carbon and digital development direction, which brings long-term structural growth drivers for its business growth. Among them, the five application markets of electric vehicles, renewable energy, ADAS, Internet of Things, and AI/ data center are the main sources of revenue growth, contributing 35% of sales revenue.
According to the data disclosed by the research institute, Infineon ranks first in the global power semiconductor and automotive semiconductor fields, and this market and industry leadership continues to expand, and for the first time won the global automotive MCU market share.
David Pan, global Senior vice president and President of Greater China at Infineon Te873EC-JIPFGZ-5 chnologies, pointed out that the next decade will be an era of low-carbon, digital “two-wheel drive” development. In the context of the current green low-carbon transformation, the third-generation semiconductor represented by silicon carbide and gallium nitride has a huge market opportunity as a new material and new technology, and has begun to be widely used in new energy, electric vehicles, charging piles and energy storage and other fields. As an industry leader, Infineon is playing a leading role in the field of third-generation semiconductors through continuous technological innovation and market layout, and is committed to meeting the economic and social development of more energy efficient and more environmentally friendly semiconductor products.
China is one of Infineon’s most important and dynamic regional markets worldwide. Since entering the Chinese market nearly 30 years ago, Infineon has been deeply cultivating local needs, deepening its business with a steady and pragmatic style, and promoting local operations. At present, Infineon has established an integrated innovation ecosystem in Greater China covering production, learning, research and application. Through the System Competence Center, Intelligent Application Competence Center and Innovation Application Center, Infineon has enhanced its local application innovation capability, continued to empower customers and partners, and helped them continuously expand the breadth and depth of products and solutions.
In the process of deepening the local market, Infineon has always adhered to the customer-centric serv873EC-JIPFGZ-5 ice concept, in-depth insight into customer needs, and as a focus, launched a number of localization initiatives. For example, in line with the current trend of low-carbon digital development, Infineon upgraded its China Logistics Center located in the Comprehensive security zone of Pudong Airport to provide customers with more efficient and convenient supply chain services by building a low-carbon smart logistics warehouse. In addition, Infineon has established a new sales entity in Shanghai, which aims to further expand Infineon’s local business network, provide customized logistics services developed specifically for the local market, and better respond to and meet customer needs.
In terms of optimizing the local supply chain, as Infineon’s only owned production site in Greater China, the Wuxi plant fully supports the manufacturing needs of the three business segments: Automotive, Industrial and Infrastructure, Consumer, and Computing and Communications. In addition, the factory has launched a localization project for Econo products to meet the market demand, further providing customers with faster and more convenient service and improving the efficiency of the supply chain, which will also help further strengthen Infineon’s market position in the IGBT product segment.