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Taiwan's Quanta sees lower Q2 gross margins q/q

Thu Jun 18, 2009 11:25pm EDT

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TAOYUAN, Taiwan, June 19 (Reuters) - Taiwan's Quanta Computer (2382.TW), the world's largest contract laptop PC maker, said on Friday it expected second-quarter gross margins to fall from the first quarter. "Gross margins will most probably fall because of foreign exchange rates and an expected smaller output in the second quarter," Tim Li, Quanta's chief financial officer, told reporters on the sidelines of the company's annual shareholders' meeting. (Reporting by Roger Tung, Editing by Jacqueline Wong)

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