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SAN FRANCISCO -- RF Micro Devices(RFMD Quote) will build a new chip manufacturing facility to meet what it says is rising demand for wireless products.
The Greensboro, N.C., company said Friday that favorable trends in its primary markets, including the transition to advanced cell-phone standards, mean that it needs to expand its in-house manufacturing capacity.
Shares were up 4% at $6.74 in midday trading Friday. ...
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