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Financial Stocks Set the Stage for Earnings Reports

Hans Wu, Taipei; Meiling Chen, DIGITIMES [Friday 10 July 2009]


Visual Photonics Epitaxy Company (VPEC) has reported record revenues of
NT$177 million (US$5.35 million) for June 2009, up 25% on month mainly due
to strong orders from TriQuint Semiconductor, the WCDMA power amplifier
(PA) supplier for Apple's iPhone 3GS.

VPEC's second-quarter revenues totaled NT$411 million, representing a
significant increase of 95% on quarter.

TriQuint has also received orders from Samsung Electronics, LG Electronics
(LGE), Nokia and Sony Ericsson, helping to boost VPEC's revenues,
according to market watchers.

Fellow company Advanced Wireless Semiconductor Company (AWSC) saw June
revenues grow slightly to NT$67.67 million. The company is expected to
expand shipments in the second half as its major customer Skyworks
recently cut into Nokia's supply chain.

AWSC plans to complete capacity expansion at its 6-inch plant for an
increase of 200 wafers per week by the end of 2009, the sources added

Barron's Calls a Bottom

Recs: 3 Who killed more Americans???
When Al Qaeda killed 3000 Americans at the WTC we sent 150,000 men and trillions of dollars running after them all over the world. The American born financial terrorists I bet killed many more than 3000 (thru stress and heart attacks)after saving and investing for over 30 years and losing 50% of their hard earned money. Imagine if the SEC had a 150,000 thousand man army and unlimited trillions to go after the American born internal financial terrorists. This huge financial collapse had to involve huge amount of illegal activity. In Fact the head of SEC enforcement was so embarrassed by the Bernie affair she quit. Fiduciary responsibility seems to me, to be a ancient English term that should be removed from the language. We will never restore confidence in markets without rounding up and JAILING the culprits of which there are many.