TITLE

Infineon Blames BenQ for $100M Loss, Sees Layoffs

AUTHOR(S)
Taylor, Colleen
PUB. DATE
October 2006
SOURCE
Electronic News;10/30/2006, Vol. 52 Issue 44, p34
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on the expected fiscal 2006 losses which will be incurred by Infineon Technologies AG because of its mobile phone customer BenQ Corp. In recent quarters, Infineon said its mobile communication business saw sales drop significantly as BenQ lost market share. The company said it also expects to lose planned sales worth an estimated $188.8 million in fiscal 2007.
ACCESSION #
23008095

 

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