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MediaTek sees 10-15% sequential drop in 1Q12 sales

Feb 04, 2012 Cellpex, United States, Ohio - admin

IC design house MediaTek expects its consolidated revenues to decrease 10-15% sequentially in the first quarter of 2012 with gross margin slipping to 42-44% from 44.2% in the fourth quarter. A continued slowdown in feature phone demand as well as fewer working days and seasonality will cause the sales drop during the quarter, according to company president Hsieh Ching-chiang.



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