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Elmos Advances to the TecDAX

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Elmos Semiconductor SE (FSE: ELG), a global supplier of automotive mixed-signal semiconductors, will join the TecDAX index as of June 24, 2024, as announced by Deutsche Börse. This inclusion places Elmos among the 30 largest technology companies in Germany based on free float market capitalization.

Dr. Arne Schneider, CEO of Elmos Semiconductor SE, stated that this promotion confirms the company's successful growth and strong market presence. Elmos aims to capitalize on the increasing digitalization and electrification within the automotive sector.

Despite its new position in the TecDAX, Elmos will remain listed in the SDAX.

R. P.

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