💨 Abstract

German chip manufacturer Aixtron expects its annual revenue to drop below last year's level due to a challenging market environment. This follows a 16% slide in operating profit, causing a 10% decline in share prices. The company forecasts full-year revenue of €530-€600 million ($554.65-€627.90 million), down from €633.2

Courtesy: theprint.in

Summarized by Einstein Beta 🤖