Faraday sees profits up nearly 9% sequentially in 2Q10

Nancy Cheng, Taipei; Steve Shen, DIGITIMES Asia Monday 2 August 2010 0

Faraday Technology, an ASIC vendor, has posted net profits of NT$265 million (US$8.28 million) for the second quarter of 2010, increasing 8.9% from the previous quarter. Second-quarter EPS stood at NT$0.72.

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