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Sierra Wireless losses double in Q3 as production limits hit revenues

Wednesday 10 November 2021 | 11:07 CET | News
Sierra Wireless saw its losses double in the third quarter after a sharp fall in revenue due to manufacturing constraints. The company said demand for its products remains strong, but the problems at its Vietnam production site, flagged already at its Q2 report, limited its ability to deliver. It expects some improvement in capacity in Q4.

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Categories: Mobile & Wireless
Companies: Sierra Wireless
Countries: World
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