Melexis sees 2009 sales at higher end of guidance

Newswire

BRUSSELS, Sept 22 (Reuters) - Belgian semiconductor specialist Melexis on Tuesday slightly raised its 2009 sales guidance, saying the short-term outlook was improving and sales would be towards the higher end of earlier guidance. "The economic situation short-term is improving...Order rates have strengthened throughout the third quarter," Melexis said in a statement. Melexis, whose chips are used in products to monitor oil pressure, control home lighting and regulate engine temperatures, ...

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