KYEC sees 4Q09 sales grow on quarter; aborts plans to spin off memory testing unit

Reported by DigiTimes on Friday, 20 November 2009 (on November 20, 2009)

King Yuan Electronics Company (KYEC) has estimated revenues to grow by up to 5% sequentially in the fourth quarter of 2009, while maintaining a 60-65% utilization rate. The IC testing firm attributed the slight growth to a continued pickup in demand for graphics chips and niche memory.

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