Intel Reports Q3 Revenues At $6.5bn
Philips Semiconductors increased Q3 sales by 8% on last year. The Q3 2002 sales of EUR965mn resulted in an operating loss of EUR58mn. For the same period last year, losses were EUR291mn. Segment revenues were EUR1.105bn compared with 2001's EUR1.018bn. Employment in the division stands at 32,122 people (34,064 in Q3 2001).
SEZ Group made Q3 net sales of CHF51.2mn, compared with CHF78.3mn in Q3 2001. The quarter also resulted in a net profit of CHF5.6mn. The same period last year saw net profits at CHF9.2mn.
The quarter brought the company into profitability for the first nine months following a net loss in Q2 of CHF5.1mn. Net profits for the year so far stand at CHF3.5mn on net sales of CHF147.8mn. The comparable figures for 2001 are CHF32.4mn and CHF228.1mn.
The company reports that recent investments have mainly been in single wafer wet cleaning tools for 200mm. These sales are interpreted as being aimed at improving cost efficiencies. Orders for 300mm equipment has slowed, compared with H1 2002, but there have been no cancellations.
