Profit fell in its first quarter for German semiconductor manufacturer Infineon Technologies AG compared to the same period of the previous year. Infineon reported on Tuesday that its first-quarter profit fell 19% to €587 million ($631 million) from last year’s €728 million. Earnings per share dropped 18% to €0.44 from €0.55 a year ago. Adjusted earnings per share stood at €0.53, compared to €0.64 last year. Group revenue declined 6% to €3.7 billion from last year’s €3.95 billion. The segment result margin was 22.4%, down from 28% a year ago. Looking ahead to the second quarter, Infineon expec…