Investors like Infineon's lower profits

Article Abstract:

Infineon Technology AG posted a decline of 84% in its net income for the fiscal second-quarter ending March 31, 2001. However, analysts had expected the company to post losses because of a major decline in the prices of memory chips.

Author: Kueppers, Alfred
United States, Infineon Technologies

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Siemens plans more job cuts, sale of its stake in Infineon

Article Abstract:

Siemens AG posted a decline of 11% in its earnings for the 2001 second-quarter. The company will also carry out additional layoffs and sell off a share of its Infineon Technologies AG division to a workers' pension fund.

Author: Kueppers, Alfred
Diversified Companies, Strategy & planning, Management, Planning, Siemens AG

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Infineon swings into the red for fiscal year

Article Abstract:

Infineon Technologies AG posted a 591 million euros loss for the fiscal year ending September 30, 2001. The company posted a 1.1 billion euros profit during the same period in 2000.

Author: Kueppers, Alfred

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Subjects list: Semiconductor industry, Semiconductor devices, Finance, Germany, Infineon Technologies AG
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