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Infineon Technologies AG (QX)

Infineon Technologies AG (QX) (IFNNY)

31.84
0.10
(0.32%)
Closed 27 November 8:00AM

Real-time discussions and trading ideas: Trade with confidence with our powerful platform.

Key stats and details

Current Price
31.84
Bid
31.80
Offer
32.08
Volume
444,495
31.71 Day's Range 32.746
30.06 52 Week Range 42.45
Market Cap
Previous Close
31.74
Open
32.74
Last Trade
12
@
31.9
Last Trade Time
Financial Volume
US$ 14,206,372
VWAP
31.9607
Average Volume (3m)
267,687
Shares Outstanding
1,303,750,111
Dividend Yield
0.80%
PE Ratio
0.00
Earnings Per Share (EPS)
-
Revenue
16.31B
Net Profit
3.14B

About Infineon Technologies AG (QX)

Infineon Technologies AG is a global semiconductor leader in power systems and IoT. Infineon drives decarbonization and digitalization with its products and solutions. The company has around 56,200 employees worldwide and generated revenue of about 14.2 billion Euros in the 2022 fiscal year (ending ... Infineon Technologies AG is a global semiconductor leader in power systems and IoT. Infineon drives decarbonization and digitalization with its products and solutions. The company has around 56,200 employees worldwide and generated revenue of about 14.2 billion Euros in the 2022 fiscal year (ending 30 September). Show more

Sector
Semiconductor,related Device
Industry
Semiconductors
Headquarters
Munich, Deu
Founded
1999
Infineon Technologies AG (QX) is listed in the Semiconductor,related Device sector of the OTCMarkets with ticker IFNNY. The last closing price for Infineon Technologies (QX) was US$31.74. Over the last year, Infineon Technologies (QX) shares have traded in a share price range of US$ 30.06 to US$ 42.45.

Infineon Technologies (QX) currently has 1,303,750,111 shares in issue. The market capitalisation of Infineon Technologies (QX) is US$41.38 billion.

IFNNY Latest News

Infineon Undervalued Former Chip Unit Qimonda by $1.88 Billion, Court Expert Says

By David Sachs Infineon Technologies undervalued its defunct memory-chip business, Qimonda, by 1.72 billion euros ($1.88 billion) during its carve-out for a public listing, the German...

Correction to Infineon Article

Revenue at Infineon's green industrial power segment should remain more or less stable on year. "Infineon Warns of Slower Sales Growth on Low Personal Electronics Demand -- Update,"...

Infineon Warns of Slower Sales Growth on Low Personal Electronics Demand -- Update

By David Sachs and Mauro Orru Infineon Technologies said sales would continue to grow in its new fiscal year, albeit at a slower pace than in fiscal 2023, as the company grapples with weakening...

Infineon Warns of Slower Sales Growth on Low Personal Electronics Demand

By David Sachs and Mauro Orru Infineon Technologies said sales would continue to grow in its new fiscal year, albeit at a slower pace than in fiscal 2023, as the company grapples with weakening...

Infineon Shares Jump After Posting Profit Beat, New Guidance

By David Sachs Shares in Infineon Technologies jumped Wednesday after the German chip maker beat expectations in its fourth quarter and gave 2024 guidance seen as positive amid a gloomy market. At...

Infineon Meets Targets After Better-Than-Expected Revenue, Net Profit

By David Sachs Infineon Technologies met its fiscal 2023 targets and proposed a higher dividend after beating expectations for net profit and revenue in its fourth quarter. The German chip company...

Infineon Names Elke Reichart Chief Digital Transformation Officer

By Mauro Orru Infineon Technologies appointed Elke Reichart to succeed Constanze Hufenbecher as chief digital transformation officer. The German chip maker said Reichart's appointment to the...

Infineon Signs Semiconductor Supply Deal With Hyundai, Kia

By Giulia Petroni Infineon Technologies said it has signed a multi-year supply agreement for power semiconductors with Hyundai Motor and Kia lasting until 2030. The German chipmaker said Wednesday...

Infineon, Vitesco Expand Partnership, Plan on Generating More Than $1 Billion in Sales Volume

By Pierre Bertrand Infineon Technologies and Vitesco Technologies have signed an agreement to deepen their partnership and to generate more than 1 billion euros ($1.06 billion) in planned sales...

TSMC to Build Chip Factory in Germany -- 2nd Update

By Mauro Orru The world's largest contract chip maker, Taiwan Semiconductor Manufacturing Co., set out plans to build a factory in the German city of Dresden with investments of more than 10...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
11.494.9093904448130.3532.74630.2423367231.07610906CS
4-1.18-3.5735917625733.0233.6230.0624676831.66417759CS
12-3.61-10.183356840635.4536.5330.0626768732.71065436CS
26-9.61-23.184559710541.4541.8430.0628179634.878812CS
52-4.85-13.21886072536.6942.4530.0625935935.87032286CS
156-13.6-29.929577464845.4448.4421.3524856033.42855607CS
26010.1246.593001841621.7249.991123276532.20747258CS

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IFNNY Discussion

View Posts
Methinks Methinks 2 years ago
This is an interesting stock.

You should also follow the European stock market - IFX.DE.

A couple of months ago, IFNNY was always a couple of dollars below IFX.DE. Now, IFNNY is always a couple of dollars above IFX.DE and IFX.DE waits to rise up until the U.S. market opens and IFNNY shows any increase.

What on earth is going on?
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stockvaper stockvaper 2 years ago
I've been buying this stock for the last 3 months because many other companies can't make this claim for this QTR: "Q3 FY 2022: Revenue €3.618 billion, up 10 percent on the preceding quarter and 33 percent year on year;"

When the price dips below $25 I load more.



- Good luck
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chonrm chonrm 12 years ago
Wow, what is happening here? This used to be such a strong performer!
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mad4 mad4 12 years ago
Can anybody tell me why there is on the Bid Ask 20000 shares from ARCA at bid at 7.64 and then ARCA in the ask at 7.68? What does this mean ? Ive noticed it the last couple of days.
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mad4 mad4 13 years ago
Sorry march 8 is distribution day
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mad4 mad4 13 years ago
March 8 vote on dividend for 16 us cents not bad
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mad4 mad4 13 years ago
Agree as Germany I see as the strength in the Eurozone. It is a good investment for stability and growth I wish I would know more about their dividend policy
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yannigr yannigr 13 years ago
You can't have only stocks that maybe one day they will skyrocket. Infineon is my most stable/future proof stock. The other - not so future proof because of ARM and NOT Intel - is AMD.


7.46 euros or $9.81 right now.


Even if Eurozone collapses Germany is going to walk away with an even stronger Deutsche Mark because they are making money from this crisis.
I mean that even if infineon goes down to a dollar because let's say Eurozone collapses, it will survive and then come back again at today's levels.
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mad4 mad4 13 years ago
Gotta stay long on Infineon!
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mad4 mad4 13 years ago
Nice day on good news
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mad4 mad4 13 years ago
Thanks Useful info
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yannigr yannigr 13 years ago
It closes in 2 hours from now, but the stock price continues to change until the US stock market closes.
You can monitor the stock from this site
http://www.finanzen.net/realtimekurs/Infineon
There is plenty of info in there not just the stock price, info that you are not going to find in US sites.
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mad4 mad4 13 years ago
Has Germany closed today already? The ask here in the US is 8.83 Closed at 8.56 yesterday
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yannigr yannigr 13 years ago
6.91 euros. Finally. Are we going to see that 7 again? I hope so...
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mad4 mad4 13 years ago
Being in the US one is closed minded about how Europe's economy affects everything, especially a company based there We shall be on the lookout and be patient I am long on the stock
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yannigr yannigr 13 years ago
Any thoughts on Europe and the dept crisis? It is the same question. Until now it is very difficult to go over 6.3 euros and if it passes it, it goes to 6.7-6.8 euros and then down again. Only with positive news about Europe it will go up.
JMO
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mad4 mad4 13 years ago
Any thoughts on this stock for 2012 1st quarter?
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yannigr yannigr 13 years ago
Well the post is a little old. From then we had Japan's earthquake and today's mess with the international debt. It is very easy to ask TODAY about that optimistic prediction back then.
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firepost firepost 13 years ago
How you sure about it, when in market we see daily up and down now it is very risk to faith and investment in any company
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yannigr yannigr 13 years ago
http://www.bloomberg.com/news/2011-07-28/infineon-raises-sales-forecast-on-demand-for-energy-car-semiconductors.html

@7.34 euros now
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yannigr yannigr 14 years ago
OK just got it...
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yannigr yannigr 14 years ago
Any news about the dividend? Anyone got it? They did paid a dividend. Right?
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zoobadooba zoobadooba 14 years ago
based on their growth maybe even higher. a double from here in the next year could very well happen
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yannigr yannigr 14 years ago
We could see even 15 in the future. There are at least 3 analysts giving price targets of 10+ euros.

http://www.finanzen.net/Kursziele/Infineon
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zoobadooba zoobadooba 14 years ago
going up. i think we will hit 12 before we trend down again. chart looks amazing...
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Stock Stock 14 years ago
Infineon Technologies AG (IFNNY: Pink Quote) | Home Country News Release

Today, December 02, 2010, 5 hours ago | Pink OTC Markets - News, Filings & Corporate Actions

Thu, Dec 02, 2010 05:36 - Infineon Technologies AG (IFNNY: Pink Quote) released their Home Country News Release concerning Qimonda insolvency administrator brings action against Infineon. To read the complete report, please visit: https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=40302
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Stock Stock 14 years ago
Today might be the day to sell IFNNY on QIMONDA news
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mlkrborn mlkrborn 14 years ago
$5.67
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Stock Stock 15 years ago
Report: Infineon talks to Intel over sale of wireless unit

Peter Clarke
EE Times

(05/17/2010 9:24 AM EDT)

LONDON — Infineon Technologies AG (Munich, Germany) is in talks with Intel Corp. (Santa Clara, Calif.) over the possible sale of its wireless chip business, according to the Financial Times Deutschland, which cites unnamed sources at Infineon.

http://www.eetimes.com/news/design/rss/showArticle.jhtml?articleID=224800133&cid=RSSfeed_eetimes_designRSS
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Stock Stock 15 years ago
IFNNY Daily Chart


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mlkrborn mlkrborn 15 years ago
3rd UPDATE: Infineon Swings To Profit, Raises View
Date : 01/29/2010 @ 11:07AM
Source : Dow Jones News
Stock : Infineon Technologies AG (ADS) (IFNNY)
Quote : 5.71 0.03 (0.53%) @ 8:26AM


3rd UPDATE: Infineon Swings To Profit, Raises View

By Archibald Preuschat
Of DOW JONES NEWSWIRES


DUESSELDORF (Dow Jones)
Chip maker Infineon Technologies AG (IFX.XE) became the latest European technology company to beat expectations and confirm the rebound in the sector, as it swung to a first-quarter profit and raised its guidance.

The Neubiberg, Germany-based company now expects sales in the year ending Sept. 30 to be up more than 20% compared with fiscal 2009, instead of its previous expectation for sales to rise more than 10%. It also raised its operating margin target to a high-single-digit range from a mid-single-digit range.

"Our outlook is not over-optimistic," Chief Executive Peter Bauer told reporters, adding that he expects orders in the next quarter to be above average.

Bauer also indicated that Infineon could exceed its fiscal-year sales guidance if the dollar strengthens against the euro. Infineon's guidance is based on an exchange rate of $1.50 to the euro.

Its improved earnings and outlook were welcomed by investors. At 1534 GMT, the shares traded up 4.3% at EUR4.07, outperforming a 2% gain in the benchmark DAX index.

Some banks raised their rating on the stock, among them Sal. Oppenheim, which upgraded its rating to neutral from reduce, saying the magnitude of Infineon's improved margin is a positive surprise.

For the current second quarter, spanning the January to March period, it expects sales to be around or slightly below first-quarter levels due to seasonal factors.

Total sales in the fiscal first quarter ended Dec. 31 climbed 27% to EUR941 million from EUR742 million a year earlier, adjusted for the sale of Infineon's wireline segment.

Infineon's sales performance was driven chiefly by a 17% quarter-on-quarter rise in the automotive segment. Revenue at its industrial and multimarket segment, which makes chips for machines, rose 6%, while wireless sales were up just 2%.

Infineon's wireless chips are used in cellphones and it counts Nokia Corp. (NOK), the world's largest handset maker, among its customers.

It remains unclear whether Infineon's chips have been included in Apple Inc.'s (AAPL) iPad Internet tablet, but its unveiling this week by Apple boss Steve Jobs generated some positive sentiment around the stock, nevertheless.

Infineon's strong first quarter and improved outlook is the latest in a string of positive earnings reports from European technology companies in recent weeks.

Nokia Thursday posted fourth-quarter profit that beat expectations as it boosted its share of the lucrative smartphone segment.

Earlier this week, STMicroelectronics NV (STM), Europe's largest chip maker, pared its losses in the last quarter of 2009 and Chief Executive Carlo Bozotti was upbeat about prospects for 2010.

Infineon swung to a net profit of EUR66 million in the quarter ending Dec. 31 from a net loss of EUR404 million a year ago after its bottom line was weighed by a EUR285 million net loss from discontinued operations at memory chip unit Qimonda. Infineon had a 77.5% stake in the unit, which filed for insolvency a year ago.

Infineon's bottom line was boosted by a EUR106 million after-tax gain from the disposal of its wireline business to Lantiq, affiliates of Golden Gate Private Equity Inc. The gain more than offset a EUR81 million charge due the deconsolidation of Altis, the company's joint venture with International Business Machines Corp. (IBM) in France.

Company Web site: www.infineon.com

-By Archibald Preuschat, Dow Jones Newswires; +49 211 13872 18; archibald.preuschat@dowjones.com




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mlkrborn mlkrborn 15 years ago
Infineon'a Activist Holders Fail,Wucherer Elected New Chairman
Date : 02/11/2010 @ 4:00PM
Source : Dow Jones News
Stock : Infineon Technologies AG (ADS) (IFNNY)
Quote : 5.71 0.03 (0.53%) @ 8:26AM


Infineon'a Activist Holders Fail,Wucherer Elected New Chairman

MUNICH (Dow Jones)
Activist shareholders of Infineon Technologies AG (IFX.XE) on Thursday failed at the semiconductor maker's annual general meeting as Willi Berchtold was rejected as a member of the supervisory board and opponent Klaus Wucherer was elected as new chairman.

Wucherer, who was recommended by the board to become Infineon's new chairman, received 72.5% of the votes--which was less than other candidates for the body. The supervisory board, however, elected him as Infineon's new chairman in its meeting after the shareholder's gathering unanimously.

Berchtold got just 27.4% of the shareholder's votes and missed the necessary majority to take a seat on Infineon's supervisory board.

Wucherer, member of the body for a decade, was opposed by U.K. pension fund Hermes and other shareholders. They had challenged Infineon's nomination of Wucherer, citing alleged mismanagement and calling for a fresh start for Infineon.

In a short speech at the shareholders gathering earlier Thursday, Wucherer reiterated that, if elected, he will chair the body for only one year to pave the way for finding a chairman who has broad support among shareholders and members of the supervisory board.

Wucherer also said that the body looked for another chairman last year but couldn't find an appropriate candidate.

Employee representatives on the supervisory board have already signaled their support for Wucherer.

Max Dietrich Kley's resigned as head of the company's supervisory board after Thursday's annual general meeting.

Company Web site
: http://www.infineon.com

-By Archibald Preuschat, Dow Jones Newswires, +49 211 138 7218, archibald.preuschat@dowjones.com




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mlkrborn mlkrborn 15 years ago
Infineon CEO Sees 10% Operating Margin Target Achievable In Fiscal Year 2011
Date : 02/11/2010 @ 4:29AM
Source : Dow Jones News
Stock : Infineon Technologies AG (ADS) (IFNNY)
Quote : 5.71 0.03 (0.53%) @ 8:26AM


Infineon CEO Sees 10% Operating Margin Target Achievable In Fiscal Year 2011

MUNICH (Dow Jones)
Infineon Technologies AG's (IFX.XE) medium-term margin target could be reached in fiscal 2011, Chief Executive Peter Bauer said Thursday.

"We want to achieve the 10% Segment [operating margin] result target already in the next fiscal year, that is 2011," Bauer said at the annual general meeting in Munich according to a prepared speech.

"Achieving [the margin target] is an essential condition for earning money, even in times of downturn," Bauer also said. He confirmed to focus on tight cost control.

To achieve an operating margin above 10% Infineon announced a cost-cutting program in the third quarter of fiscal 2008.

Infineon didn't achieved this target as previously planned in fiscal 2009 because the economic downturn led to a slump in demand for logic chips used in cars, machines and cellphones.

The company's fiscal year ends Sept. 30

The German semiconductor maker's shareholders will later Thursday elect new supervisory board members, ending the power struggle between Klaus Wucherer and Willi Berchtold. Both want to chair the supervisory board after Max Dietrich Kley's resignation as head of the company's supervisory board, which becomes effective at the end of Thursday's AGM.

Company Web site:www.infineon.com

-By Archibald Preuschat, Dow Jones Newswires, +49 211 138 7218, archibald.preuschat@dowjones.com




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mlkrborn mlkrborn 15 years ago
BlackRock Increases Stake In Infineon To 5.05% Stake
Date : 01/27/2010 @ 2:22PM
Source : Dow Jones News
Stock : Infineon Technologies AG (ADS) (IFNNY)
Quote : 5.71 0.03 (0.53%) @ 8:26AM


BlackRock Increases Stake In Infineon To 5.05% Stake

FRANKFURT (Dow Jones)
U.S. investment group BlackRock Inc. (BLK) now owns a 5.05% stake in German chip maker Infineon AG (IFNNY, IFX.XE), the company said Wednesday.

According to Infineon, BlackRock exceeded the 5% threshold on Jan. 20.

Company Web site: http://www.infineon.com

-By Frankfurt Bureau, D
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mlkrborn mlkrborn 15 years ago
5.71 new look!
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mlkrborn mlkrborn 15 years ago
$4.50
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mlkrborn mlkrborn 15 years ago
under 5.00.. profit taking in tech
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JMR23 JMR23 15 years ago
Whats the deal today?? anyone, drop and lots of vol.
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mlkrborn mlkrborn 15 years ago
$5.50s
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mlkrborn mlkrborn 15 years ago
Thursday September 3, 09:54 PM
UPDATE 1-Infineon to join German top-30 DAX index

FRANKFURT, Sept 3 (Reuters) - Shares of German chipmaker Infineon (Xetra: 623100 - news) will rejoin Germany's blue-chip DAX (Xetra: news) stock market index, effective Sept 21.
In a written statement Frankfurt stock market operator Deutsche Boerse (Xetra: 581005 - news) said late on Thursday that Infineon will replace Hannover Re, the world's fourth-biggest reinsurer. Hannover Re previously knocked Infineon out of the index of Germany's 30 largest listed companies on March 23.

Deutsche Boerse did not comment on the possible exclusion of Volkswagen (Xetra: 766400 - news) ordinary shares, a constituent of the blue-chip index since 1987, which had been a talking point ahead of this year's review.

Such changes are important for many investment vehicles, notably exchange-traded funds (ETFs), whose holdings replicate an index.

Deutsche Boerse's index revisions are based on free-float market capitalisation and trading volumes. The DAX includes Germany's top-30 stocks by those measures.

In addition to the DAX rejig, the committee also decided to make the following changes, all taking effect Sept 21:
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mlkrborn mlkrborn 15 years ago
I am out for a while..has been great for me!
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mlkrborn mlkrborn 15 years ago
WORST IS OVER; DEBT FREE READY FOR ACQUISITION:
Tuesday August 4, 03:02 PM
BRIEF-Infineon says wants to take part in sector consolidation

FRANKFURT, Aug 4 (Reuters) - Infineon (Xetra: 623100 - news) :
* CFO says liabilities were around 1 billion EUR at end Q3, including bonds at

nominal value of 570 million EUR, will be debt-free after cap hike, sale of

wireline unit

* CEO says company will be in position to take part in semiconductor sector

consolidation thanks to cash position

* CEO says can assume that the quarter ended March was the worst quarter this

year
👍️0
mlkrborn mlkrborn 15 years ago
Infineon Places All New Shares, Apollo Takes 1.3% Stake
Last update: 8/4/2009 7:59:13 AM
DUESSELDORF (Dow Jones)--Infineon Technologies AG (IFX.XE) Tuesday said it placed all 337 million new shares of its capital increase, as financial investor Apollo Global Management LLC agreed to subscribe to 14 million new shares not subscribed by other shareholders.
Apollo, which initially aimed to build up a major stake in the German semiconductor company, is left with a 1.3% stake.
Infineon will gain a gross amount from the capital increase of around EUR725 million, it said.
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mlkrborn mlkrborn 15 years ago
Goldman sucks upped to buy!
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mlkrborn mlkrborn 15 years ago
Apollo To Have Supervisory Bd Seat With 10% Stake In Infineon
Last update: 7/17/2009 7:09:38 AM
FRANKFURT (Dow Jones)--Financial investor Apollo Global Management LLC would only have to acquire a stake of 10% Infineon Technologies AG (IFX.XE) to nominate one supervisory board member, according to the prospectus for Infineon's upcoming rights issue.
Apollo, which is backstopping Infineon's EUR725 million rights issue, will have the right to name the chairman and one other member of the supervisory board if it gets a stake of at least 15% in Infineon, the semiconductor maker said last week. Apollo is targeting a stake of between 15% and 30% in Infineon.
Infineon will issue up to 337 million new shares with a subscription price of EUR2.15 a share, while New York-based Apollo has agreed to acquire up to 326 million new, unsubscribed shares, subject to certain conditions, effectively underwriting the placement. The subscription period begins Monday.
If it doesn't reach the 15% stake, Apollo can back out of its subscription obligation and would receive a lump sum payment of EUR21 million from Infineon, according to the prospectus.
-By Philipp Grontzki, Dow Jones Newswires, +49 69 29 725 107; philipp.grontzki@dowjones.com
(END) Dow Jones Newswires
July 17, 2009 07:09 ET (11:09 GMT)
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mlkrborn mlkrborn 15 years ago
$5.00 ADR holders will be able to purchase discounted shares.. First time in my tenure?
thnx apollo may be for changing US law?
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mlkrborn mlkrborn 15 years ago
nfineon to sell $1 billion of discounted shares
6:17a ET July 10, 2009 (MarketWatch)

LONDON (MarketWatch) -- Infineon Technologies AG, Europe's second-largest chip company, on Friday announced a discounted sale of stock, its second move this week to ease balance-sheet concerns.

The issue of up to 337 million shares at a subscription price of 2.15 euros should raise 725 million euros ($1 billion) if fully placed, Infineon said.

Selling discounted shares to existing holders, which also known as a rights issue, is a popular way of raising money in Europe.

Infineon intends to use the proceeds to repay debt and strengthen its liquidity position. In particular, it plans to repay its convertible bonds maturing in June 2010, of which a nominal amount of 522 million euros is outstanding.

"The intended capital increase represents an important part of Infineon's comprehensive refinancing plan. It should make a significant contribution to increase the economic value and sustainability of Infineon for the benefit of both the employees and the stakeholders," Chief Executive Peter Bauer said in a statement.

Infineon shares rose 1.7% to 2.63 euros in Frankfurt.

The refinancing move comes less than a week after the company agreed to sell its Wireline Communications business to an affiliate of U.S.-based investor Golden Gate Capital for 250 million euros, sending its shares soaring. See full story.

Under the terms of the rights issue, Infineon said each existing shareholder will be allowed to buy four discounted shares for every nine held.

Apollo Global Management will backstop the offer so long as they acquire at least a 15% stake, in which case they will name the chairman as well as a second board member. Their maximum shareholding will be 30% minus one share.

Apollo is an alternative asset manager that acts as a long-term strategic investor.

Infineon said its investment "would signify a clear mark of confidence in the management, work force and product portfolio of Infineon."

At Metzler Equities, analyst Eerik Budarz, said he had mixed feelings about the news.

"On one hand financing now seems much more secured than before. On the other hand the stock is going to be diluted by the move," he said.

Regarding Apollo's involvement, he said that the group, which will have a high interest in the company becoming profitable, "might give an extra impetus to things," in particular if they can get one or two of their people on the board.

He also said he expects some investors may start pushing for the sale of the wireless business.

At Commerzbank, Thomas Becker agreed that Apollo's involvement may lead to the sale of that business.

"The U.S. private-equity firm is well known for leveraged and distressed buyouts and debt investments. We believe that Apollo will do its utmost to remove Infineon's valuation discount (50% to market multiples). This could lead to a sale of the wireless business resulting in an extra dividend, or, on a more negative note, to complete asset stripping," he wrote in a note to clients.
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mlkrborn mlkrborn 16 years ago
prety quite in here!
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mlkrborn mlkrborn 16 years ago
Nice move! 2.50 in short period.. less loss than expected!
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mlkrborn mlkrborn 16 years ago
ING is optimistic about IFX 'cause of asian and pacific exposure!
In addition, he said "many of Europe's largest companies are effectively global companies. Even if Europe's economies remain weak, these stocks offer a means of gaining exposure to other, faster-growing regions without having to take on the research burden and currency risk of investing globally."

Included in ING's Asian-exposure basket are: chip-equipment maker ASML Holding , German microchip maker Infineon AG , metals giant BHP Billiton PLC , Swiss watch giant Swatch Group , jewelry giant Compagnie Financiere Richemont SA and Anglo-Dutch consumer group Unilever NV.
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