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Powerchip drops GDR plan amid market uncertainties, says report

EDN; Jessie Shen, DIGITIMES Asia Tuesday 23 November 2010 0

Powerchip Technology, a major Taiwan-based DRAM maker, has decided to cancel plans to sell up to 800 million new shares in the form of global depositary receipts (GDR), the Economic Daily News (EDN) reported on November 23.

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