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Advantech debt ratio drops to record-low 29%

Emma Wang, Taipei; Adam Hwang, DIGITIMES Asia Wednesday 13 October 2004 0

Advantech, the largest manufacturer of industrial PCs (IPCs) in Taiwan, has seen its debt ratio decrease to 29%, its lowest historical level ever, as holders of the company’s ECBs (euro convertible bonds) have converted more than NT$500 million...

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