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Infineon’s stocks, which were initially weak on Thursday, have recovered rapidly over the course of the year and have recently increased by 1.4 percent. After investors initially seemed to be concentrating on a report in the Japanese business newspaper “Nikkei”, according to which the iPhone manufacturer Apple is likely to postpone the launch of the new 5G smartphone by several months, the strong outlook of the US semiconductor group Micron came to an end Focus on technology as the key driver for Infineon.
By contrast, the shares of Dialog Semiconductor shares, which are no longer listed on the MDAX, remained under pressure at minus 1.3 percent, thereby reducing the previously much higher losses. Apple is the most important Dialog customer. Analyst Veysel Taze from Bankhaus Lampe continues to worry that the Californians could take further steps in the production of their devices themselves in the future. However, Taze upgraded the dialogue papers from “sell” to “hold”. He sees the company as less affected by the Covid 19 crisis than its competitors.
Apple stocks were late trading in New York the previous evening. The hope was actually big that Apple would stick to the previous schedule in the race with the competitor Samsung, said a stock exchange operator.
FRANKFURT / LONDON (dpa-AFX broker)
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