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A-Data signs NT$3.6 billion syndicated loan for capacity ramp

Josephine Lien, Taipei; Jessie Shen, DIGITIMES Asia 0

DRAM module maker A-Data Technology has signed a three-year syndicated loan for NT$3.6 billion (US$112 million) from a banking consortium. The new funds will be used to secure more supplies of NAND flash and DRAM chips, and to ramp up its capacity.

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