Mechanical engineering weaker than expected
Only two percent growth in production
In 2018, the German mechanical engineering industry produced 3% less than forecast by the VDMA. This was due to capacity bottlenecks.
Infineon: Annual sales increase to 8 billion euros
In view of continuing global economic uncertainties and weaker demand dynamics in the end markets, Infineon Technologies is lowering its forecast for revenue and earnings in the current 2019 fiscal year.
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