Transcend profits shrink in 2Q10; says outlook positive for 2H10

Josephine Lien, Taipei; Jessie Shen, DIGITIMES Asia Thursday 12 August 2010 0

Transcend Information saw net profits erode 21.9% sequentially to NT$399 million (US$12.56 million) in the second quarter of 2010, due to losses in inventory value arising from recent weakness in chip prices, according to the Taiwan-based memory module...

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