Infineon Counters Speculation On Contract Loss
27 10월 2009 - 8:15PM
Dow Jones News
German semiconductor firm Infineon Technologies AG (IFX.XE)
Tuesday countered market speculation that it has lost its contract
as sole supplier for Apple Inc.'s (AAPL) iPhone, a company
spokesman said Tuesday.
"We have lost no contract," a spokesman said.
The speculation had sent Infineon shares sharply lower, but they
recovered somewhat after the company's comment.
At 0933 GMT, Infineon shares were down 3.9% at EUR3.25.
Company Web site: www.infineon.com
-By Frankfurt Bureau, Dow Jones Newswires; +49 69 29725 500;
djnews.frankfurt@dowjones.com