Chipmaker Xilinx's profit rises 70 percent
Jan 21 (Reuters) - Chipmaker Xilinx Inc reported a 70 percent jump in quarterly profit as sales rose in its wired communications, aerospace and defense businesses.
Net income jumped to $175.9 million, or 61 cents per share, in the third quarter, from $103.6 million, or 38 cents per share, a year earlier.
Revenue rose 15 percent to $586.8 million.
Chips made by Xilinx are sold off the shelf and can be programmed by customers.
DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.