VIS to cut capex by 50% next year

Claire Sung, Taipei; Meiling Chen, DIGITIMES Asia 0

Vanguard International Semiconductor (VIS) has announced it will cut 2008 capex from NT$6 billion (US$182.54 million) to NT$5 billion and estimates a further 50% reduction in its capex for 2009. VIS' fourth-quarter shipments are expected to decrease...

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