Feeds

Infineon makes a loss

Sees cloud but no silver lining...

  • alert
  • submit to reddit

3 Big data security analytics techniques

Lower prices and weak demand have pushed memory chip maker Infineon to a loss in the second quarter.

Revenues for the second quarter ended 31 March 2005 was €1.61bn - down 12 per cent on the quarter before or four per cent on the same period a year ago. The firm made a net loss of €114m in the second quarter against a profit of €142m sequentially.

Income for the first half of the year was €28m, compared to €73m the year before.

Infineon said weak demand from mobile phone makers, exacerbating a traditionally quiet period, coupled with declining memory prices and the settlement with ProMOS all hit profits.

for Q3, the firm "expects continued pricing pressure, especially chip-card ICs, memory and mobile phone products". It is to concentrate on cost-cutting in the third quarter and restructuring non-profitable businesses. It is closing its manufacturing plant in Munich Perlach.

In January Infineon issued a profits warning that it expected to make €211m on revenues of €1.82bn. It 36,000 people including 7,200 working in R&D.

More details on Infineon's website here. ®

Related stories

Infineon to sample DDR 3 'in 2006'
Infineon issues profit warning
Infineon and ProMOS kiss and make up

High performance access to file storage

More from The Register

next story
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Record labels sue Pandora over vintage song royalties
Companies want payout on recordings made before 1972
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
Number crunching suggests Yahoo! US is worth less than nothing
China and Japan holdings worth more than entire company
prev story

Whitepapers

Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.