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STATS ChipPAC pares loss to US$2.1m in Q1

Revenue up 1.5% at US$371m; company faced seasonal weakness in PC and consumer end markets

Singapore

SEMICONDUCTOR packaging and test services company STATS ChipPAC pared its net loss by 86.7 per cent to US$2.1 million from US$15.8 million in its fiscal first quarter which ended on March 29. This came on a revenue rise of 1.5 per cent to US$371 million from US$365.4 million in