Dutch chip maker ASML’s net profit falls


    First Posted: 7/17/2013

    (AP) ASML Holding NV, the largest equipment supplier to semiconductor makers such as Intel Corp. and Samsung Inc., says its net profit fell to 221 million ($290 million) in the second quarter, from 292 in the same period last year.

    Sales for the quarter were almost unchanged from last year at 1.2 billion ($1.6 billion).

    Both figures included contributions from Cymer Inc., a San Diego-based company whose technology makes focused beams of light that ASML uses in machines to trace out the circuits of computer chips. ASML acquired Cymer for around $2.55 billion in cash and shares in a deal that closed May 30.

    ASML raised its outlook for full-year sales to 5 billion, excluding a contribution of 180 million from Cymer, up from the 4.73 billion earlier announced.

    Associated Press
    comments powered by Disqus
    Posted in |
    comments powered by Disqus