By Kate Hanaghan, 23 April 2002 08:50
NEWS German chipmaker Infineon has beaten expectations by turning in a reduced net loss. Second quarter results show a net loss of E108m, almost half the E200m the market expected. This does, however, compare unfavourably with a net profit of E23m in the equivalent quarter last year. Although the company warned it would continue to be under pressure for the coming months, it added in a statement there are "increasing signals for an overall positive development of demand".
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