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Issue of 250 mil impairment:-
1. If the impairment was created this year, it is 25% of yearly sales revenue. Also means the company efficiency only 75%.
2. If the impairment was accumulated from previous year, why it was not written off from previous accounting year? This is serious in accounting standard.
3. Why management keep producing parts which customer already phased out?
4. Worst nightmare is company unable to meet customer specs product and result out of specs quality. Also means, company no longer able to compete with in LED market.
