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Quartz component maker TXC to issue convertible bonds

Olivia Hu, Taipei; Meiling Chen, DIGITIMES Asia 0

TXC's board of directors has approved plans to issue NT$800 million (US$25.2 million) worth of Taiwan convertible bonds (CB) to raise funding for capacity expansion, especially for high-end products: temperature-compensated crystal oscillator (TCXOs)...

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