Asyst Technologies officials blamed the global economic downturn for declines in sales of flat-panel displays, whose manufacturers were Asyst's largest customers.
By Kevin Fogarty
May 21, 2009
Electronics-automation manufacturing vendor Asyst Technologies was delisted from NASDAQ after declaring bankruptcy following its failure to meet debt obligations at the end of March. Company officials blamed its economic problems on the global economic downturn and drop in sales of the flat-panel displays that are a leading product for its main customers.
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