Mitel shares punished

Article Abstract:

Kanata, Ont.-based Mitel Corp., which has announced a plan to split into two separate divisions, has seen its share price fall dramtically. Mitel, which manufactures telecommunications equipment, is planning to retain its semiconductor operations while selling its systems operations.

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Mitel chopping staff 17%; slashes outlook

Article Abstract:

After losing $8.9 million, Mitel Corp. cuts 17 percent of its employees and lowers its quarterly expectations.

Financial management

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Mitel Boosted By Semiconductor Sales

Article Abstract:

While Mitel's communications systems sales falter, its semiconductor sales floursh in the first quarter.

Semiconductors and related devices, Semiconductor and Related Device Manufacturing, Semiconductors & Parts NEC, Semiconductor industry, Semiconductor devices

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