Xilinx sales rise but profits tumble by 8.8%

DUBLIN-based technology firm Xilinx said second-quarter profit fell 8.8% while revenue was up 9% to $483 million (€360m).

Year-on-year operating income rose 32% to $125m (€93m) and sales advanced 8.7% to $483.5m.

Xilinx employs 400 at its European headquarters and R&D centre in Dublin. It sold more chips for wireless equipment in countries such as China, making up for a loss of North American market share to its closest rival Altera Corp.