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DRAM maker Powerchip issues ECBs worth US$112 million

Tsering Namgyal, DigiTimes.com, Taipei 0

Powerchip Semiconductor Corporation (PSC) issued five-year non-secured ECBs (euro-convertible bonds) worth US$112 million to finance its purchase of equipment as the Taiwan-based DRAM maker ramps up production on an improving DRAM outlook.

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