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Infineon profit up 80% on tax boost, earnings gain

2015-11-26 12:15:23| Electronics - Topix.net

German semiconductor maker Infineon Technologies AG said Thursday that it expects profitability to rise slightly in the fiscal year to September 2016 after net profit almost doubled in its latest quarter, helped by recently acquired International Rectifier. Infineon forecast a segment result margin, which gauges adjusted operating profitability, of 16% for the current fiscal year.

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