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Electronic information

Chartered raised in the second quarter revenue target

In Electronic Infomation Category: R | on July   10, 2011

Singapore chip maker Chartered Semiconductor has raised the companys second quarter 2009 revenue target, saying the business has been improving.

Chartered said it now expects second quarter revenue in the first quarter of $ 243,900,000 an increase of approximately 60%, will be between 338 to 348 million U.S. dollars between. When the companys April forecast quarterly revenue from 321 million to 333 million U.S. dollars.

The company now expects second-quarter will experience 45 to 53 million U.S. dollars between the losses, had forecast a loss of range of 5400 to 6,400 million U.S. dollars.

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