Germany's Infineon says inventory pile-up to keep pressure on margins
https://www.reuters.com/article/us-infineon-technol-results/germanys-infineon-says-inventory-pile-up-to-keep-pressure-on-margins-idUSKCN1SD0CT
German chipmaker Infineon Technologies AG said on Tuesday that a slump in demand had led to an inventory pile-up that would only plateau this summer, keeping pressure on profit margins.