Faraday Technology, a fabless ASIC/SoC and silicon IP provider, expects to post a revenue decline of 14-18% sequentially in the third quarter of 2016. The company attributed its pessimistic outlook to inventory correction at clients, as well as a seasonal slowdown in orders for 40nm chips.
from DIGITIMES: IT news from Asia http://ift.tt/2aVbXFM
via Yuichun
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