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MediaTek forecasts 15-20% drop for 4Q10 sales

Cage Chao, Taipei; Jessie Shen, DIGITIMES Asia 0

MediaTek estimates its fourth-quarter revenues will be between NT$22.5 billion (US$739 million) and NT$24 billion, down 15-20% sequentially. The chip design house also expects its gross margin to slide 1- to 2-percentage points on quarter to 49-51%.

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