Germany's Infineon reports $164 million net profit

German semiconductor maker Infineon Technologies AG has reported a net profit of (EURO)126 million ($164 million) for its fiscal third quarter and has raised its full-year outlook.

Infineon lost (EURO)23 million in the April-June period last year. It says that revenue rose 59 percent to (EURO)1.2 billion from (EURO)761 million.

The …