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DDI supplier FocalTech swings to loss in 3Q22

Jay Liu, Taipei; Jessie Shen, DIGITIMES Asia Monday 14 November 2022 0

FocalTech chairman and CEO Genda Hu. Credit: DIGITIMES

Display driver IC specialist FocalTech Systems swung to net loss of NT$2.77 billion (US$88.8 million) in the third quarter of 2022 from profits in the prior quarter and a year ago, as the fabless chipmaker suffered huge losses from inventory value de...

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