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Genesis Photonics allowed 1-year forbearance to repay bank loans

Siu Han, Taipei; Adam Hwang, DIGITIMES Asia 0

LED epitaxial wafer and chip maker Genesis Photonics has succeeded in negotiating with 11 local banks to obtain a one-year forbearance to repay loans of NT$2.7 billion (US$86.8 million), according to the company.

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