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CMC Magnetics expected to see increased gross margin in 3Q

Press release, September 20; Adam Hwang, DIGITIMES Asia 0

CMC Magnetics will see its gross margin rise from 9.5% in the second quarter to 16% this quarter mainly because the price of optical-grade polycarbonate (PC) fell from US$2.60/kg last quarter to US$2.50 this quarter, according to consulting firm Taiwan...

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