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Faraday is conservative about 4Q08 but expects 2009 sales to grow

Claire Sung, Taipei; Meiling Chen, DIGITIMES Asia Monday 27 October 2008 0

United Microelectronics Corporation's (UMC's) subsidiary Faraday Technology has forecast its fourth-quarter sales are to decline due to seasonality as well as the poor global economy, but gross margin is still expected to grow.

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