Elpida slashes FY2004 income forecast
Elpida has warned that its FY2004 income will fall below its previous expectations on the back of a drop in sales - and the decision to set aside funds against possible fines for its alleged participation in a price-fixing cartel.
The Japanese memory chip maker said on 24 January that full-year sales would total ¥211-214 billion ($1.9-2.0 billion), generating net income of ¥12-16 billion ($110.5-147.3 million).
Read the complete story . (The Register)
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