Xilinx Inc. lowered its sales guidance for fiscal Q2 2006, now expected to be down 1 to 2 percent sequentially, below prior guidance of flat to up 4 percent sequentially, the company reported.

Turns business during the month of September was less than forecast, while sales from companies with manufacturing operations in Asia Pacific decreased double digits sequentially. Also, sales of mainstream products were lower than expected.

90nm product sales are still expected to account for approximately 10 percent of total revenues, with the gross margin expected to be in line with prior guidance of 61 to 62 percent.

By: DocMemocy
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