As previously reported, the Singaporean foundry provider plans to report a loss in the third quarter. Taiwan's foundry and chip-assembly houses are also showing weakness in the third quarter.

''Our outlook for the quarter remains much in line with our expectations in July when we provided our guidance for the quarter,'' said George Thomas, senior vice president and CFO of Chartered, in a statement.

''However, we now expect our revenues and utilization to be at the lower end of our previous guidance range due to some changes in customer delivery schedules. Our guidance for average selling prices, gross profit and net loss remains unchanged,'' he said.

By: DocMemory
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