Microelectronics Technology to downsize paid-in capital to cover cumulative losses

Satellite communication device maker Microelectronics Technology (MTI) will reduce its paid-capital by 50% to NT$2.003 billion (US$60.7 million) to cover cumulative losses, according to the company.

from DIGITIMES: IT news from Asia http://ift.tt/1RbMJ1I
via Yuichun