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ECS to declare US$90 million in bad debt in 2Q16 due to orders from Venezuela

Press release, July 11; Joseph Tsai, DIGITIMES Asia Monday 11 July 2016 0

Elitegroup Computer Systems (ECS) was awarded a bidding project on classmate PC and education tablets by the government of Venezuela for over two million units at a total amount over US$400 million in the second half of 2014. The company completed shipping...

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