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The Semiconductor Industry Association’s closely watched book-to-bill ratio for June fell to 1.08 from May’s revised 1.13, as orders declined for the first time since September 1993. The decline in the June ratio came on the heels of three record-setting months. The book-to-bill of 1.08 indicates that for every $100 in chip shipments in the North American market, semiconductor companies took in $108 in new orders.
