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Infineon Announces Long-term Revenue Growth Target Of 9% - Quick Facts

Infineon announced, based on current booking trends, double-digit organic revenue growth at constant currencies will likely be sustained at least for the next fiscal year. From fiscal 2020, the company expects reversion to 9% per year growth. The company said the stronger growth is based on established leading positions within fast growing segments.

Infineon noted that it is seeing sustainable multi-year growth based on strong structural drivers. The company said, if and when growth is decelerating, investments will be adjusted downward accordingly.

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