MTI sees net profits down 29% on year in 1H08

Irene Chen, Taipei; Steve Shen, DIGITIMES Asia Monday 4 August 2008 0

Telecom equipment maker Microelectronics Technology (MTI) saw its net profits decline 29% on year to NT$126 million (US$4.1 million) in the first half of 2008 due to fluctuating foreign exchange rates and rising costs of raw materials, company president...

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