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Transcend posts strong quarter


Friday, October 6, 2006

Transcend Information posted record revenues of NT$3.08 billion (US$93.1 million) for third quarter, up 95% year to year.

Transcend said the DRAM market is currently seeing a balance in supply and demand, and prices are at reasonable levels. It has experience strong demand on both DRAM modules and NAND flash memory cards.

The company said it is optimistic about the fourth quarter.

By: DocMemory
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