UPDATE 4-Infineon profits jump on strong car industry demand

Newswire

* Fiscal Q3 sales 1.04 mln euros vs market view 1.01 bln * Net profit 190 mln euros vs analysts'156-189 mln forecasts * Q4 sales seen same or better than Q3, op profit flat * Shares turn lower after initial gains (Updates with shares turning lower) By Tarmo Virki, European Technology Correspondent HELSINKI, July 28 (Reuters) - German chipmaker Infineon Technologies AG reported higher-than-expected quarterly profit and sales on strong demand from automotive and industrial ...

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