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GigaMedia: Losses down 20% in 1Q

Christine Fan, Taipei; Noah Sauve, DIGITIMES Asia Friday 18 May 2001 0

On May 16, GigaMedia announced its losses declined to US$12.8 million in the first quarter from US$16 million in the previous quarter, as the end of its cable modem sales drive lowered marketing expenses from US$5 million to US$2 million. Aided by the...

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