comment on this article

Infineon says Q2 ‘better than expected’

Peter Bauer, ceo, Infineon

Infineon Technologies says business in the second quarter of its 2012 financial year was better than expected. "Three out of four segments increased revenue. Our focus on key challenges for today's society – energy efficiency, mobility and security – is also proving its worth during difficult economic times," said Peter Bauer, pictured, the company's ceo. The one sector which saw demand decline was industrial power control.


Overall, revenue in the quarter, which ended on 31 March, grew by 4% over the previous quarter to reach €986 million. However, the company is less optimistic for the future. Q3 revenues are expected to remain 'broadly flat', while Infineon believes full year revenues will decline by a 'low single digit rate' compared to 2011.

Author
Graham Pitcher

Comment on this article


This material is protected by Findlay Media copyright See Terms and Conditions. One-off usage is permitted but bulk copying is not. For multiple copies contact the sales team.

Enjoy this story? People who read this article also read...

What you think about this article:


Add your comments

Name
 
Email
 
Comments
 

Your comments/feedback may be edited prior to publishing. Not all entries will be published.
Please view our Terms and Conditions before leaving a comment.

Related Articles

A bright future?

It's a decade since the Electronics Innovation and Growth Team's report painted ...

Always innovating

Check out this brief video promo for an all new website that explores TI ...

Peak or bleak?

Ten years ago, the EIGT Report presented the electronics industry with some ...