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Mitac Technology plans 2005 capex budget of NT$1-1.5 billion

Celia Lin, Taipei; Jessie Shen, DIGITIMES Asia 0

Mitac Technology Corporation (MTC) expects to raise its capex (capital expenditure) budget to NT$1-1.5 billion for 2005 and plans to issue 56 million new shares, the company stated during its 2005 shareholder meeting on May 20. However, the decision...

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