TAIPEI, Dec 1 (Reuters) - Taiwan computer memory chip maker Powerchip Semiconductor Corp (5346.TWO) said on Tuesday it returned to profit in November after several quarters of losses, following a rebound in chip prices.
In November alone, Powerchip's sales reached T$5.38 billion ($167 million), up 27 percent from October and more than triple from a year ago when Powerchip and other DRAM chip rivals struggled with lower chip prices due to weaker demand.
The news came after the Taipei stock market closed on Tuesday. Powerchip shares rose 2.1 percent, outpacing the main TAIEX's 0.88 percent gain. (US$1=T$32.2) (Reporting by Baker Li; Editing by Jacqueline Wong) ((baker.li@thomsonreuters.com; +886 2 2508-0815; Reuters messaging: baker.li.reuters.com@reuters.net)) ((If you have a query or comment on this story, send an email to
Source: reuters.com/
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