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GPM lowers profits forecast by 61%

Yu-Hsiang Wang, Taipei; Noah Sauve, DIGITIMES Asia 0

Gallant Precision Machining (GPM), a Taiwan-based manufacturer of semiconductor packaging equipment, on July 5 announced a lowering of its financial forecast for 2001. It is now anticipating after-tax profits of NT$62 million – 61% less than the...

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