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STATS ChipPAC Q3 net up at US$13.3m

Net revenue slips to US$400.8m from US$408.3m a year ago

Expanding: Capital expenditure in the fourth quarter is expected to be around US$90-US$100 million, including some US$19-US$21 million for progressive construction of a new factory in Korea. - PHOTO: BLOOMBERG

SEMICONDUCTOR packaging and test services company STATS ChipPAC has posted a third-quarter net profit of US$13.3 million (one US cent per share), up from US$3.2 million in the year-ago quarter. The year-ago quarter included a goodwill impairment of US$24.1 million and an equipment impairment of