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Lite-On Semi says sales touched bottom in 1Q09

Claire Sung, Hsinchu; Jessie Shen, DIGITIMES Asia 0

Lite-On Semiconductor has announced that revenues for the first quarter slid 55% on year to NT$1.3 billion (US$38.6 million). The company expects to see second-quarter revenues grow 20-30% sequentially, thanks to improved sales from its foundry business,...

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