Spansion in the black
NOR flash specialist Spansion had Q2 sales of $233.4m, gross margin of 31.7%, operating income of $37.8m and net income of $26m which includes a one-time gain of $28.4m from the sale of the Company’s manufacturing plant in Kuala Lumpur.
“We launched our SLC NAND product family and the industry’s first human machine interface co-processor for voice recognition,” says CEO John Kispert.
For Q3, Spansion anticipates profitable revenues of $230-250m.
Spansion emerged from Chapter 11 in May 2010.