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Affected by the profit decline in 2Q, Faraday to lower its 2001 forecast

Cage Chao, Taipei; Christy Lee, DIGITIMES Asia Friday 13 July 2001 0

Taiwan-based IC design house Faraday Technology said that its management team has reached a consensus on lowering its 2001 forecast, with simmering pressure caused by declining ASPs (average selling prices) of its product lines and the still grim prospects...

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