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GMT reports record revenues in 3Q08 due to depreciation of NT Dollar and cost-down strategy

Cage Chao, Taipei; Meiling Chen, DIGITIMES Asia 0

Global Mixed-mode Technology (GMT) has reported third-quarter sales of NT$1 billion (US$30.83 million), up 26% sequentially and hitting a company record. Gross margin increased from 33.9% in the second quarter to 36.7%, net income was NT$346 million,...

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