Novatek revenues drop sharply in May

Cage Chao, Taipei; Rodney Chan, DIGITIMES Asia Wednesday 7 June 2006 0

Novatek Microelectronics has reported that its revenues declined more than 15% to NT$2.2 billion (US$68.7 million) in May on weak demand from panel makers, and the driver IC designer has a conservative outlook for June.

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