X-Fab posts 16% sales growth in 1H06

August 31, 2006 – Germany’s X-Fab Semiconductor Foundries AG said net profits rose 25% in 1H06 vs. a year ago to 9.3 million euro (US $11.4 million), and operating results more than doubled, on 16% better sales of 89.7 million euros ($110.2 million). The ratio of bookings to billings was 1.10.

The foundry expects “continued positive development” for the rest of the year, and will consolidate financial statements with recently-merged 1st Silicon Sdn. Bhd. by 4Q06.


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