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IC distributor WT Microelectronics reports 16% net income decline in 3Q

Hans Wu, Taipei; Meiling Chen, DIGITIMES Asia Monday 27 October 2008 0

IC distributor WT Microelectronics reported consolidated sales growth in the third quarter but net income declined NT$29 million (US$0.87 million) or 16% from the second quarter due to the writing off of bad debt and losses from a dramatically fluctuating...

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