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Motech 1Q11 gross margin slips on falling prices

Nuying Huang, Taipei; Jackie Chang, DIGITIMES Asia 0

Motech Industries has reported NT$10.24 billion (US$357 million) in consolidated revenues for the first quarter of 2011, down 20% sequentially. Gross margins slid to 12.5% from 19.9% in the prior quarter, due to falling solar cell prices.

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