Infineon acquires Marvell's Automotive Ethernet business for 2.5 billion dollars to further strengthen its number one position in the automotive microcontroller market.
The new segment is expected to generate approx. 250 million in sales (approx. 1.5% of group sales) with a gross margin of 60%.
Infineon's main aim is to expand its position in software-driven vehicles and also to play a role in IoT and humanoid robots.
Infineon has further expanded its market position and now has 13.5% market share in the automotive semiconductors market (remains market leader and has risen in many countries) and 32% in the automotive microcontroller market (+3.6%, increasing the gap to 2nd place by 2.7%)
"We are the global number one in automotive semiconductors for the fifth consecutive year and we are equally successful across the world. For the first time in our history, Infineon is among the top two automotive semiconductor companies in every region," said Peter Schaefer, Executive Vice President and Chief Sales Officer Automotive at Infineon. "This global success is a token of our strong product portfolio, outstanding customer support and our dedication to the specific needs of our customers."
