Faraday expects to post double-digit revenue decrease in 1Q19

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Bits + chips

Faraday expects to post double-digit revenue decrease in 1Q19

Monica Chen, Hsinchu; Jessie Shen, DIGITIMES

Wednesday 27 February 2019

Taiwan-based Faraday Technology, a fabless ASIC service and silicon IP provider, expects to post a double-digit sequential decrease in first-quarter revenues. Revenues will start picking up in the second quarter, however.

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