16 Nov '11, 12pm

Infineon warns of sales decline in 2012-> via @ee_times

For the fourth fiscal quarter ended Sept. 30 Infineon has reported a profit – total segment result in its own jargon – of 195 million euro (about $260 million) on sales of 1.038 billion euro (about $1.39 billion), which was almost flat sequentially. For the 2011 fiscal year Infineon achieved 21 percent sales growth to 3.997 billion euro (about $5.38 billion). The total segment result rose by 65 percent from the 2010 fiscal year to 786 million euro (about $1.06 billion). Some 308 million euro (about $410 million) of cash was returned to the capital markets. The outlook for the first quarter of 2012 fiscal year, is that sales will decline by about 10 percent, Infineon said. And the total segment result margin will be 13 to 14 percent of sales. Infineon (Munich, Germany) said it expects the full fiscal year revenue to be decline by single digit percentage relative to the 2011...

Full article: http://www.eetimes.com/electronics-news/4230661/Infineon-...

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