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Faraday expects 3Q16 revenues to fall

Jessie Shen, DIGITIMES, Taipei Friday 5 August 2016 0

Faraday Technology, a fabless ASIC/SoC and silicon IP provider, expects to post a revenue decline of 14-18% sequentially in the third quarter of 2016. The company attributed its pessimistic outlook to inventory correction at clients, as well as a seasonal...

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