German chipmaker Infineon says 3Q sales slipped 18 pct from last year

September 4th, 2009 German services sector sales fall 11 pct in Q2FRANKFURT — The German services sector saw second quarter sales fall 11 percent compared with a year earlier as the economic downturn continued to hurt demand. The Wiesbaden-based Federal Statistical Office said Friday that strong declines were seen in the business services sector, which saw sales fall 13 percent, while the transport and warehousing sector saw a 12 percent drop compared to the April-June period of 2008.

August 28th, 2009 Chipmaker Marvell's 2Q profit falls as sales dropSANTA CLARA, Calif. — Marvell Technology Group Ltd., which makes chips used in phone networks, said Thursday its second-quarter net income fell 18 percent to $58.5 million as revenue slumped.

August 6th, 2009 ProSiebenSat.1 Q2 earns down 30 percentBERLIN — German broadcaster ProSiebenSat.1 Media AG said Thursday that its net profit slipped 30 percent in the second quarter as slack advertising sales contributed to a drop in revenue. Unterfoehring-based ProSiebenSat.1, whose television channels include Sat.1, ProSieben, Kabel Eins and N24, said net earnings for the April-June period declined to euro45.5 million ($65.5 million) from euro59.5 million a year earlier.

August 3rd, 2009 July Auto Sales: DaimlerNEW YORK — German automaker Daimler AG said its sales in the U.S. fell by 24 percent in July, amid plunging sales of its Smart fortwo minicar and Mercedes-Benz luxury vehicles.

August 3rd, 2009 German retail sales down 1.8 pct in JuneBERLIN — German retail sales saw an unexpected month-on-month fall in June as the global crisis maintained its grip on Europe's biggest economy, an official estimate showed Monday. The 1.8 percent drop compared with May followed a 1.3 percent decline the previous month.

August 3rd, 2009 German retail sales down 1.6 pct in JuneBERLIN — German retail sales were down 1.6 percent on the year in June and dropped by a steeper 2.1 percent for the whole of the first half as the global crisis maintained its grip on Europe's biggest economy, an official estimate showed Monday. The Federal Statistical Office said that specialist food and drink retailers and department stores saw particularly steep falls in June, with sales declining by 5.6 percent and 7.3 percent respectively.

July 29th, 2009 Taiwan chipmaker UMC returns to profit in Q2TAIPEI, Taiwan — Taiwan's United Microelectronics Corp., the world's second-largest contract chipmaker by revenue, on Wednesday posted its first quarterly profit in a year on stronger customer demand. The company's net income was NT$1.55 billion ($47 million) for the April-June quarter, down 35.5 percent from a year earlier.

July 29th, 2009 Infineon reports smaller Q3 lossFRANKFURT — German chipmaker Infineon Technologies AG said Wednesday that net losses narrowed 94 percent in its fiscal third quarter as it excluded an insolvent unit from its accounts and as a broad restructuring plan began to pay off. The Neubiberg-based company said its loss for the April-June period was €23 million ($33 million) compared with €379 million a year earlier.

July 10th, 2009 Chipmaker Infineon hopes for euro725M in cap hikeFRANKFURT — German computer chipmaker Infineon Technologies AG said Friday the company hopes to raise euro725 million ($1 billion) in new capital through the issuance of about 337 million new shares, though didn't announce all details of the offer. The Neubiberg-based company said Apollo Global Management LLC, has agreed to acquire about 326 million of the shares which will be issued at a subscription price of euro2.15.

July 10th, 2009 Chipmaker Infineon hopes for €725M in cap hikeFRANKFURT — German computer chipmaker Infineon Technologies AG said Friday the company hopes to raise €725 million ($1 billion) in new capital through the issuance of about 337 million new shares, though didn't announce all details of the offer. The Neubiberg-based company said Apollo Global Management LLC, has agreed to acquire about 326 million of the shares which will be issued at a subscription price of €2.15.

July 7th, 2009 German luxury car makers see sales dips narrowFRANKFURT — German luxury carmakers BMW and Daimler said their June sales slipped lower from a year ago, but the overall decline slowed. Both companies said they were cautiously optimistic that market may start to improve sooner than later.

July 1st, 2009 BMW Group says June US sales slip 20.3 percentWOODCLIFF LAKE, N.J. — German automaker BMW Group said Tuesday that June U.S.

June 8th, 2009 BMW sales fall 18 pct in May from year earlierFRANKFURT — German carmaker BMW AG said Monday the group sold 109,042 cars in May 2008, an 18 percent decline from the same period a year earlier. The Munich-based premium carmaker said its BMW brand sold 90,643 cars last month, down 18 percent from the 110,707 sold in May 2008.

April 30th, 2009 German beer sales down 6.8 percent on year in 1QBERLIN — German beer sales were down 6.8 percent on the year in the first quarter, with exports to other European countries showing a particularly sharp decline, according to official figures released Thursday. Germany's brewers sold 4.37 billion pints, or 2.07 billion liters, of beer from January to March, the Federal Statistical Office said.

April 30th, 2009 STMicro 1Q loss widens as sales drop offSEATTLE — Swiss chipmaker STMicroelectronics NV reported a wider first-quarter loss Wednesday as sales sank across the board, and said it would lay off 1,200 people. The Geneva-based company said it lost $541 million, or 62 cents per share, in the quarter, compared with a year-ago loss of $84 million, or 9 cents per share.