WIN Semi reports August revenue, drops Q3 guidance

Smartphone transition creates "wait-and-see" conservatism

WIN Semiconductors dropped its fiscal Q3 revenue outlook to a low single-digit decline from Q2, compared to the previous outlook of a single-digit increase. August revenue was NT$ 1.2 billion ($38 million), a 24 percent increase from the prior year and down 1.7 percent from the prior quarter.

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