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NatSemi shares tumble

Chip specialist National Semiconductor has suffered a severe hit in its share value, which nose-dived by 30 per cent after the company issued a revenue and profit warning.
Written by Julian Goldsmith, Contributor

Chip specialist National Semiconductor has suffered a severe hit in its share value, which nose-dived by 30 per cent after the company issued a revenue and profit warning.

National Semiconductor blamed a backlog in mobile phone handsets. The announcement follows similar warnings from Motorola and Ericsson
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