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AUO and CMO expected to record combined losses of over NT$49 billion in 4Q08

Rebecca Kuo, Taipei; Jessie Shen, DIGITIMES Asia 0

AU Optronics (AUO) and Chi Mei Optoelectronics (CMO) are estimated to record a combined loss of NT$49.2 billion (US$1.46 billion) in the fourth quarter of 2008, due to a slump in panel pricing and falling utilization rates, according to market watchers...

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