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Spansion sales drop in 1Q09, with US$89 million net loss

Jessie Shen, DIGITIMES, Taipei 0

Spansion has announced net sales of US$399.75 million for the first quarter of 2009, down 29.9% on year, with net loss of US$89.22 million. Gross margin for the quarter was negative 2% and operating expenses totaled US$106 million for the quarter.

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