Taipei, Nov 16, 2011 (ACN) - Analog IC manufacturer Richtek Technology Corp. has reported October net sales of NT$834 million, down 9.56% from September and down 8.66% from a year ago. Cumulative sales from January to October reached NT$9.056 billion, representing a 9.14% decrease from the same period last year.
K.C. Chang, Richtek Vice President and Spokesperson, attributes the month-on-month decrease in October revenue to softened customer demand.
By ACN Newswire
Topic: Press release summary Sectors: Semiconductors, Electronics General, Financial General http://www.acnnewswire.com From the Asia Corporate News Network
