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INFINEON-RESULTS/
RTR227M7
December 03, 2008
Peter Bauer, CEO of Chipmaker Infineon Technologies AG and CFO Marco Schroeter (R) arrive for the annual...
NEUBIBERG, Germany
Bauer, CEO of Chipmaker Infineon Technologies AG and CFO Schroeter arrive for the annual news conference...
Peter Bauer, CEO of Chipmaker Infineon Technologies AG and CFO Marco Schroeter (R) arrive for the annual news conference in Neubiberg near Munich December 3, 2008. Infineon is bracing for a significant decline in revenue and an operating loss in its 2009 fiscal year due mainly to declining demand from automakers, a key customer group. Infineon, which also reported fourth-quarter results widely below expectations, said on Wednesday it expects sales to drop at least 15 percent in its 2009 fiscal year compared with the previous year. REUTERS/Michael Dalder (GERMANY)
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