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Faraday 1Q sales and profits drop

Claire Sung, Taipei; Rodney Chan, DIGITIMES Asia 0

Faraday Technology, a Taiwan-based fabless ASIC design solution and silicon IP provider, has announced unconsolidated revenues for the first quarter of 2008 totaling NT$1.15 billion (US$37.98 million), down 17.1% sequentially, while net income dropped...

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