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PSC completes sale of Rexchip shares

MOPS; Jessie Shen, DIGITIMES Asia 0

Powerchip Semiconductor Corporation (PSC) has announced the sale of 79.25 million Rexchip Electronics shares at a per-share price of NT$11.17 (US$0.33) to Elpida Memory. PSC will recognize an investment loss of about NT$885 million accordingly.

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