PSC allowed to reset ECB conversion price; to cut capex

Josephine Lien, Taipei; Jessie Shen, DIGITIMES Asia Monday 29 June 2009 0

DRAM chipmaker Powerchip Semiconductor Corporation (PSC) gained approval to reset the conversion price of its US$157.85 million worth of euro convertible bonds (ECBs) during its recent annual shareholders meeting.

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