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Chip packagers expect currency volatility to erode 4Q10 revenues by 1-3%

Ingrid Lee, Taipei; Jessie Shen, DIGITIMES Asia Wednesday 20 October 2010 0

Taiwan-based chip packaging and testing houses are predicting the US dollar to NT dollar exchange rate to reach 1:30.50 by the end of 2010, which could erode their fourth-quarter revenues by 1-3% and knock 0.4-2.1pp off gross margins.

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