1. Skip to content
  2. Skip to main menu
  3. Skip to more DW sites

Semiconductor Giant Infineon Posts Billion Loss

November 8, 2002

Europe's second-largest semiconductor maker on Friday said it would post its second billion euro loss in two years. Berlin-based Infineon posted sales of 5.2 billion euros ($5.26 billion), an 8 percent decrease from the previous year, with a pre-tax and interest loss of 1.14 billion euros for the year through September. The company blamed plunging demand for semi-conductors and memory chips for its eroded revenue. The chipmaker also suffered from falling sales of mobile phone components.

Skip next section DW's Top Story

DW's Top Story

Skip next section More stories from DW

More stories from DW