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MACOM Faces Second Quarter of Chinese Headwinds

For the first quarter of fiscal 2018, MACOM reported revenue of $130.9 million, which was down 21 percent sequentially and down 14 percent from the prior year’s quarter. MACOM’s CEO John Croteau attributed the decline in revenue to “the geopolitical downturn in China,” the second quarter softness in China has dampened revenue.

Read more…: MACOM Faces Second Quarter of Chinese Headwinds

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