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STATS ChipPAC swings to losses in 4Q08

Press release; Jessie Shen, DIGITIMES Asia Thursday 12 February 2009 0

Singapore's STATS ChipPAC has posted sales of US$324.6 million for the fourth quarter of 2008, down 31.3% sequentially and 31.9% from 2007. For the full year 2008, the packaging and testing house experienced a 72.6% drop in net income, despite 0.4%...

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