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Vanguard lowers 2001 forecasts, predicting full-year losses to be NT$5.52 billion

Gloria Chen, Taipei; Christy Lee, DIGITIMES Asia Thursday 23 August 2001 0

Due to the faster-than-expected price slump of DRAM products, Taiwan-based Vanguard International Semiconductor (VIS) reported on August 21 its first-half losses were NT$2.279 billion and decided to lower it financial forecast for 2001.

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