IMI narrows losses despite headwinds

By Ed Paolo Salting

Mar 18, 2023 12:14 am

INTEGRATED Micro-Electronics Inc. (IMI) further narrowed its losses in 2022 to $6.76 million, improving from $10.56 million in 2021, despite continued headwinds.

'With the world moving to normalization after the pandemic, several macroeconomic challenges still lingered that significantly affected the financial performance of IMI,' company president Jerome Tan said.

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