Infineon Chip To Be Financed By Shareholders 4 Billion Yuan
, Is the eighth consecutive quarterly loss
, Is the eighth consecutive quarterly loss. Total revenue fell to 830 million euros, down 24% rate. See more exciting information Infineon still huge loss of profits
MTK mobile phone Chip Trigger Recently, Europe's second largest chip maker Infineon released first quarter 2009 earnings, a net loss of 404 million euros (equivalent to 516 million U.S. dollars), is the eighth consecutive quarterly loss. Total revenue fell to 830 million euros, down 24% rate.
Stark contrast to China's Taiwan's mobile phone chip maker MediaTek (MTK), according to newly released fourth-quarter results in 2008, MediaTek revenue of 20.654 billion Taiwan dollars (about 41.93 100 million yuan), net profit of 2.881 billion Taiwan dollars (about 580 million yuan).
The financial turmoil, up the third quarter, MediaTek chain appeared in that quarter revenue, profit double down. However, MediaTek is still the first quarter of this year revenue will be higher than previously expected. If the cell phone chip industry, the 2008 appearance of the biggest changes is the acquisition and integration, then in 2009 was full of uncertainty. From R & D to production to sales, a chain as a whole. Any carelessness, it is likely crashing down.
Infineon To finance 450 million euros
Face huge loss in the first quarter, Infineon said the current quarter, industry, chip card and cable Communicate Sector operations continued to deteriorate, the economic downturn has gone beyond the auto industry and the mobile phone industry. It is understood that Infineon will be in tomorrow (February 12th) Annual General Meeting held in the hope that shareholders financing 450 million euros (about 3.95 billion yuan) project as the company's preventive measures. Infineon bigger factor
drag the automotive industry, a JP Morgan analyst, said the automotive market will continue to deteriorate, while the auto industry sales accounted for about 25% of Infineon's revenues, so its influence quite Great.
Infineon said the automotive and cable communications services in the last quarter experiencing "significant decline", the current quarter may be subject to improvement; and Infineon industry, chip card and cable communications sector and other businesses will remain in the doldrums Infineon CEO Peter? Powell said in a statement: "We focus on liquidity management has been effective, successful control of the cash flow and reduce our debt." Another major burden
Infineon from Qimonda, currently Qimonda Infineon holds 77.5% stake in Qimonda chip prices due to falling cash-flow problem, hoping to find in Asia investors.
MediaTek Kuzhongzuole 2 6, local chip maker MediaTek release fourth quarter 2008 earnings on revenue of 20.654 billion Taiwan dollars (about 4.193 billion yuan), up 1.4%, decreased by 26.4%; net profit of 2.881 billion Taiwan dollars (about 580 million yuan), down 54.4%, compared to 6.314 billion last year, NT, 2008, NT 7.182 billion for the third quarter, down 59.9% chain; earnings per share 2.70 yuan NT.
MediaTek said the global economic weakness that the traditional off-season effects were significant, the main product line of the fourth quarter than the third quarter, revenues are down. Although the chain down, but known as the king of Taiwan's MediaTek shares in the financial tsunami hit, it still appeared on the weak revenue growth.
"Compared to last year, as mobile phone chip market share is increasing, so a slight revenue increase over last year." In addition, MediaTek also said that the first quarter of this year, is expected to be higher than previously expected the same time, the countryside and other home appliances is expected favorable context, the annual mobile phone chip shipments will be higher than last year.
The chip industry's continued momentum from further reduce costs.
by: heiyou
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