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Passive component maker Cyntec expected to report higher gross margins in 3Q09

Olivia Hu, Taipei; Meiling Chen, DIGITIMES Asia 0

Cyntec's gross margins are estimated to grow 3-4pp in the third quarter of 2009, from 33.7% in the previous quarter, according to market watchers. The company saw its revenues increase 27.3% sequentially to NT$1.52 billion (US$47.3 million) in the third...

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