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Wolfson shares plunge by 25%

Investors yesterday obliterated a quarter of the stock market worth of Wolfson Microelectronics after the Scottish maker of chips for many of the world's must-have electronic gadgets reported a sharp decline in orders on the back of increasingly weak consumer demand.

Investors yesterday obliterated a quarter of the stock market worth of Wolfson Microelectronics after the Scottish maker of chips for many of the world's must-have electronic gadgets reported a sharp decline in orders on the back of increasingly weak consumer demand.