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Chimei Innolux 1Q12 revenues down 16%

Michael McManus, DIGITIMES, Taipei 0

Chimei Innolux (CMI) has announced first quarter 2012 net sales of NT$109,236 million (US$3.75 billion), a 16.2% decrease from the previous quarter's NT$130,409 million. The gross loss was NT$6,824 million, for a gross margin of -6.2%. Operating losses...

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