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Cameo Communications in red in 1Q08 due to exchange losses

Irene Chen, Taipei; Steve Shen, DIGITIMES Asia 0

Taiwan-based network-equipment maker Cameo Communications posed a net loss of NT$4 million (US$131,150) in the first quarter of 2008 due largely to an exchange loss of NT$68 million, according to company data. Before tax, the earnings totaled NT$5 million...

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