Chipmaker ASML sees Q2 profit drop on sales fall

Jul 18, 2012

(AP) — ASML Holding NV, the largest supplier of manufacturing equipment to computer chip makers, says its net profit fell to €292 million ($359 million) in the second quarter from €432 million in the same period a year ago.

The company announced Wednesday that its for the quarter dropped to €1.2 billion ($1.47 billion) from €1.5 billion in the second quarter of 2011.

President and CEO Eric Meurice says he expects sales to remain steady in the second half of the year at €2.2 billion-€2.4 billion.

Veldhoven, Netherlands-based makes machines that map out the circuitry of semiconductor chips.

Intel Corp announced last week intends to take a 15 percent stake in ASML for around $3.07 billion, and will help fund its research into new technologies.

Explore further: Global pharma firms grilled about tax in Australia

0 shares

Related Stories

Intel takes stake in ASML

Jul 09, 2012

ASML Holding NV, the world's largest supplier of equipment to computer chip manufacturers, said Monday that Intel Corp. intends to take a 15 percent stake in the company for around $3.07 billion and also help ...

Dutch hi-tech company ASML profits rise

Jan 18, 2012

ASML, key global supplier of computer chip-making systems and high-tech bellwether, Wednesday posted record sales for 2011 alongside a fourth-quarter slump of nearly 30 percent in net income.

ASML shares jump on Intel deal

Jul 10, 2012

(AP) — Shares in ASML Holding NV surged Tuesday on news that Intel Corp intends to take a 15 percent stake in the company for around $3.07 billion, and will also help fund its research into new technologies. ASML sa ...

ASML returns to profit in third quarter, orders up

Oct 14, 2009

(AP) -- ASML Holding NV, a key supplier to computer chip makers, reported Wednesday a net profit of euro20 million ($29.7 million) for the third quarter, ending a nine-month streak of losses, and said new orders had increased ...

ASML bounces back to Q2 profit on strong sales

Jul 14, 2010

(AP) -- ASML Holding NV, a key supplier to computer chip makers like Intel and Samsung, said Wednesday it bounced back to a profit in the second quarter due to a sharp rebound in demand - a further sign the technology sector ...

Recommended for you

Barnes & Noble names Sears Canada CEO for retail business

3 hours ago

Barnes & Noble, which is splitting into two companies next month, named Sears Canada CEO Ronald Boire to lead its retail operations and said company CEO Michael Huseby will become executive chairman its educational wing.

Hewlett-Packard moves forward with plan to split in two

18 hours ago

Hewlett-Packard is moving forward with plans to split into two companies, filing paperwork to create a new entity that will sell commercial technology, while a separate spinoff will sell personal computers and printers.

Global pharma firms grilled about tax in Australia

Jul 01, 2015

The world's top pharmaceutical companies Wednesday told an Australian parliamentary hearing they were compliant with local and international laws, despite claims they are charging higher prices to minimise tax.

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.