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Lite-On reduces capital, bolsters its power supply business by acquiring LSE

15th Nov 2006, 07:29 GMT

Lite-On Technology today announced a NT$8.73 billion capital reduction program taking effect on May 21, 2007. After the capital reduction, the company's capital will total NT$20.37 billion, 30% down from its current capital of NT$29.1 billion, according to the company.

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