Inotera Posts Q3 Net Loss

Taiwan's Inotera Memories reported a narrower third-quarter net loss. Inotera posted a quarterly net loss of 4.39 billion New Taiwan dollars (US$150 million), versus a year-ago loss of NT$7.02 billion. However, analysts were expecting a loss of NT$3.00 billion. Its revenue dropped 2.8% to NT$8.69 billion from NT$8.94 billion.