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Faraday expects 10% revenue growth in 3Q24

Monica Chen, Hsinchu; Jessie Shen, DIGITIMES Asia Wednesday 31 July 2024 0

Credit: Faraday

Faraday Technology, a Taiwan-based provider of fabless ASIC services and silicon IP, anticipates a sequential increase in revenue of approximately 10% in the third quarter of 2024. However, the company may experience a slight decrease in gross margin...

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