03 May 2012 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 Websites http://www.infineon.com Companies Infineon Technologies AG 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... Arrow buys Nu Horizons Arrow is buying Nu Horizons in an all cash deal which values the ... Read Article Southern Manufacturing This year, Southern Manufacturing and Electronics is set to be ... Read Article Claire Jeffreys, NEW Claire Jeffreys, events director, National Electronics Week, ... Read Article NIDays 2013 NIDays is a technical conference designed specifically for ... Read Article 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.