ASM International's Q2 new orders tumble as chip industry slows

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Dutch semiconductor equipment maker ASM International (ASMI) said on Tuesday new orders almost halved in the second quarter due to softening demand and delays at some customers' manufacturing facilities.

said on Tuesday new orders almost halved in the second quarter due to softening demand and delays at some customers' manufacturing facilities.

It also reported second-quarter net earnings of 151.2 million euros, down from 160.4 million a year ago.

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