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IC designer Richtek expects 2Q09 revenues to grow up to 70%

Cage Chao, Taipei; Meiling Chen, DIGITIMES Asia Friday 15 May 2009 0

Richtek Technology forecasts second-quarter revenues to reach NT$1.8-2 billion (US$54.65-60.73 million), an increase of 55-70% from the first quarter. However, gross margin is expected to fall 1.5-4.5pp to 36-39% due to fierce price competition in the...

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