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AMI Semiconductor posts profitable quarter; plans consolidation and layoffs

Idaho’s other semiconductor company reported a profit in its quarterly earnings report with the Securities and Exchange Commission yesterday. AMI Semiconductor reported net income of $12 million on revenue of $157 million for the fourth quarter of 2006. Net income for the fourth quarter of 2005 was $9.7 million.

by Eddie Kovksy

Full Story: http://www.idahobusiness.net/archive.htm/2007/02/02/AMI-Semiconductor-posts-profitable-quarter-plans-consolidation-and-layoffs

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