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SMT & Inspection | March 26, 2007

Elektrobit issues negative guidance

Finnish equipment maker Elektrobit said it expects its first-half 2007 operating loss to be more than double that seen in the second half of 2006.
Electrobit added the weakening outlook was based on falling revenues at the production solutions unit, weaker-than-expected demand at the mobile terminal solutions unit and slightly greater-than-expected R&D investments at radio network solutions.

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