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TowerJazz sees lower first-quarter sales, shares fall

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TEL AVIV (Reuters) – Chipmaker TowerJazz forecast a drop of about 32 percent in first-quarter revenue due to a contractual decrease in sales to Micron at its Japanese plant and as a consumer shift from PCs to tablets continues to affect part of its business.

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Post Published: 14 February 2013
Found in section: Technology and Science

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