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Gemtek sees net profits up 30% on lower-than-expected revenue growth in 2007

Irene Chen, Taipei; Steve Shen, DIGITIMES 0

Gemtek Technology expects its net profits for 2007 to be 30% higher than that recorded in 2006, while its 2007 revenues are likely to grow only 10-15% on year, lower than the 20-30% growth it projected earlier this year, company chairman Howard Chen...

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