This Tuesday, July 27, Infineon’s stock was at $36.95. Nevertheless, it is gaining momentum: it is currently at $38.98 in the pre-market, resulting in a 5.5% gain. Cost-effective dimmable and intelligent LED systems could skyrocket the market stock in the future. By creating the ICL8800, ICL8810, and ICL8820 single-stage flyback LED controllers for consistent output voltages, Infineon Technologies solves the need of LED driver manufacturers in this regard. With their special attributes, the ICs meet the essential performance requirements for LED lighting applications, such as LED drivers and luminaires up to 125 W, smart lighting, and emergency luminaire.
Infineon Technologies designs, develops, manufactures, and markets semiconductors and related system solutions worldwide. Its Automotive segment offers automotive microcontrollers; 3D ToF, magnetic, and pressure sensors; discrete power semiconductors; IGBT modules; industrial microcontrollers; power and radar sensor integrated circuits (ICs); transceivers; silicon carbide diodes, MOSEFTs, and modules; and voltage regulators for use in assistance and safety systems, comfort electronics, infotainment, powertrain, and security products.
Finance and Entertainment Reporter
Richard is a bottle of wine – the older the sweeter. He has already found the sweetest hobby in writing entertainment and finance news for Own Snap. Readers get the updated posts regularly from him searching for real-time news.