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International Rectifier: The El Segundo semiconductor supplier...

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From Times Staff and Wire Reports

International Rectifier: The El Segundo semiconductor supplier said third-quarter net income surged 700% to $3.5 million, while revenue advanced 6% to $65.4 million. The firm cited higher gross margins, reflecting increased production rates at HEXFET America, a manufacturing plant. Results also reflected ongoing cost-reduction programs in its Power Products division.

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