STATS ChipPAC reports losses for 1Q09 due to continued contraction in demand

Press release; Jessie Shen, DIGITIMES Asia Thursday 30 April 2009 0

STATS ChipPAC has posted its second straight quarterly loss in the first quarter of 2009, joining fellow packaging and testing house Advanced Semiconductor Engineering (ASE). Its net loss for the quarter expanded to US$51.1 million, compared to US$22.1...

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