Online information source for semiconductor professionals

X-FAB expects sales to increase 40% in 2H09

17 September 2009 | By Mark Osborne | News > Fab Management

Popular articles

New Product: Applied Materials new EUV reticle etch system provides nanometer-level accuracy - 19 September 2011

Oberai discusses Magma’s move into solar PV yield management space - 29 August 2008

‚??Velocity‚?? the new buzzword in Intel‚??s PQS annual awards - 12 April 2012

Applied Materials adds Jim Rogers to Board of Directors - 29 April 2008

New Product: ASML Brion‚??s Tachyon MB-SRAF enables OPC-like compute times - 19 September 2011

X-FAB Silicon Foundries believes the worst of the current slump in demand is over and now expects revenues to increase by approximately 40% in the second half of 2009. The specialist foundry also reported sales for the first half of the year at US$84.4 million, a 62.7% year-on-year decline.

Sales in the second quarter amounted to US$43.4 million, a decline of 59.5% compared to the same period last year but an increase of 5.7% over the first quarter results.

"The worst is behind us. The upward trend has stabilized, so we now anticipate second-half sales growth of approximately 40 percent compared to the first half of 2009," noted Hans-Jürgen Straub, CEO of X-FAB.


Related articles

Gartner revises silicon wafer demand forecast - 15 December 2009

VLSI research revises 2011 and 2012 semiconductor forecasts - 30 November 2010

CyberOptics benefiting from stronger demand as sales increase 110% in 2010 - 18 February 2011

Applied Materials guides 50% plus increase in sales for FY2010 - 17 February 2010

TSMC ponders 20 percent cut in capex for 2009 - 30 October 2008

Reader comments

No comments yet!

Post your comment

Please enter the word you see in the image below: