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Subject: Preliminaryaggressive price-cutting by competitors-SIM 4/2/03


Author:
PWI certified vendor Oberthur releases financials March
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Date Posted: 22:38:39 02/04/03 Tue

Oberthur will not release profit and loss figures until next month. He blamed much of the drop in SIM revenue to aggressive price-cutting by competitors, which he says Oberthur resisted. As a result, he says the vendor was able to hold the decrease in prices for SIMs to just 6.7% during the second half of the year, while increasing volumes shipped by 33%

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Re:despite that able to hold decrease in SIMS to just 6.7%during the 2nd half yearvolumes shipped increased 33% 4/2/0322:40:58 02/04/03 Tue


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