More bad news for the high-tech market.
<< German electronics and engineering group Siemens AG on Tuesdaybecame the latest European blue chip technology giant to sendshivers through the market with a cut in its earnings outlook.
Shares in the company slumped by up to five percent after it acknowledged it would not meet earlier targets because of semiconductor unit Infineon, set to suffer due to the global drop in demand for memory chips. >>
<< German electronics and engineering group Siemens AG on Tuesdaybecame the latest European blue chip technology giant to sendshivers through the market with a cut in its earnings outlook.
Shares in the company slumped by up to five percent after it acknowledged it would not meet earlier targets because of semiconductor unit Infineon, set to suffer due to the global drop in demand for memory chips. >>