CONNECT WITH US

Chip resistor maker Ta-I to issue new shares

Olivia Hu, Taoyuan; Meiling Chen, DIGITIMES Asia 0

Ta-I Technology has approved plans issue up to 30 million new shares at a tentative price of NT$20 (US$0.61) each. The chip resistor maker said its utilization rate has rebounded to 90%, but expressed caution about third-quarter 2009 performance.

The article requires paid subscription. Subscribe Now