BE Semiconductor cuts 4Q revenue guidance due to flooding in Malaysia – The Edge Markets MY

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(Dec 20): Chipmaking equipment supplier BE Semiconductor (BESI) said on Monday it lowered its fourth-quarter revenue outlook due to flooding affecting its main production facility in Malaysia.
The maker of semiconductor assembly and packaging equipment now predicts its fourth-quarter revenue to decline by around 15-20% versus the third quarter as compared to prior guidance of a decrease of 5-15%.
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