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SAN JOSE -- Flextronics has reportedly laid off about 70 workers in Taiwan and additional cuts are possible, according to a local newspaper report.

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FRANKFURT, GERMANY -- According to ZVEI, semiconductor sales for September 2008 were down 4.7% sequentially (based on the US$) after a 4% increase in August and a 4.2% increase in July. Revenues slid 13% in September (based on the Euro) do to the declining strength of the currency. 
 
The book-to-bill continued to fall, down to 0.93 from 0.95 in August. Christoph Stoppok, Managing Director of ZVEI indicated that if the economy and the banking sector stabilize by mid 2009, the German semiconductor market would likewise see improvement.

According to ZVEI, the Asia-Pacific and Japan regions continued to grow through September with combined revenues up 4% for the month.

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