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Global hotel groups are intensifying efforts to get customers to book directly, as they seek to save on online platform commissions and prepare for AI agents (Stephanie Stacey/Financial Times)

Stephanie Stacey / Financial Times : Global hotel groups are intensifying efforts to get customers to book directly, as they seek to save...

5 August 2024

Infineon reports Q3 revenue down 9.5% YoY to €3.7B, below €3.79B est., and €2.11B in automotive chip sales, down from €2.13B in Q3 2023; IFX is down 24% in 2024 (Bloomberg)

Bloomberg:
Infineon reports Q3 revenue down 9.5% YoY to €3.7B, below €3.79B est., and €2.11B in automotive chip sales, down from €2.13B in Q3 2023; IFX is down 24% in 2024  —  - Fourth quarter sales expected to decline to about €4 billion  — Company forecasts segment result margin below estimates

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