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Merrill Lynch concerned about Novatek’s profitability

Compiled from outside sources; Esther Lam, DIGITIMES Asia Thursday 20 April 2006 0

Despite recording 56% year-on-year sales growth in the first quarter of 2006, LCD-driver IC design house Novatek Microelectronics would be exposed to downside pressures on profitability, amid weaker panel prices and an anticipated fall in the price...

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