Infineon Technologies AG (XTER:IFX)
€ 37.005 -0.09 (-0.24%) Market Cap: 48.01 Bil Enterprise Value: 51.74 Bil PE Ratio: 19.07 PB Ratio: 2.79 GF Score: 93/100
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Infineon Technologies AG IoT Conference Call Transcript

Sep 13, 2023 / 01:00PM GMT
Release Date Price: €32.31 (-0.52%)
Unidentified Company Representative

It's my pleasure to introduce Infineon in our conference call that we will discuss the Internet of Things, or IoT, as many of us know. I've got Adam White, Head of PSS, we've got Thomas Rosteck, Head of CCS. And with that, I'll pass it over to them, who have got some interested slides to go to.

Adam White

So thank you very much, Lee, and from our point of view, from Thomas and myself and Infineon Technologies, thank you very much for your keen interest in our IoT road show, and we look forward to providing a short and precise update on our strategy related to IoT. And at the end, of course, we'll allow time for Q&A.

So if we now get into the agenda. Next slide, please. Okay. So next slide, please. So let's, first of all, talk about the logic of the major megatrends that we see in IoT. On the left-hand side, you can see very much some incredible statistics. For example, 127 devices every second eventually actually going to the Internet for the first time. You see now the amount of devices estimated to be about 43 billion. That

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