Losses widen at CSR

Wireless technology and computer chip company CSR said first quarter pre-tax losses widened to $16.5m from $2.9m previously.

Wireless technology and computer chip company CSR said first quarter pre-tax losses widened to $16.5m from $2.9m previously.

IFRS operating loss increased to $15.8m for the 13 weeks to 30 March 2012 from a loss of $3.3m a year earlier due to $14.5m litigation income recorded in the first quarter of 2011.

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