Sino-American Silicon Products Inc

5483: ROCO (TWN)
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Sino-American Silicon Earnings: Other Subsidiaries Cushioned GlobalWafers' Gross Margin Shock

September-quarter gross margin of Sino-American Silicon plunged 512 basis points sequentially to 20.2% as its subsidiary GlobalWafers' incurred heavy ramp-up costs for new fabs in cost of sales. Revenue from GlobalWafers marked a new low at 76% of the total. Shares fell 7% on Nov. 10.

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