Infineon predicts revenue increase in fourth quarter

Semiconductor company Infineon Technologies has announced that, for the fourth quarter of the current fiscal year, it expects to see revenues rise sequentially by approximately 15 per cent.

The company expects the combined segment result (CSR) margin to rise by 18 to 20 per cent in quarter ending 30 September 2010.

For the full 2010 fiscal year, Infineon predicts an approximate 50 per cent rise in revenues, compared with the full 2009 fiscal year, and a 13 to 14 per cent rise in CSR margin.

For the first quarter of the 2011 fiscal year, the company expects revenues from the continuing operations, excluding WLS, to be at least on the same level as in the fourth quarter of 2010, excluding WLS.