Samsung takes 3 percent stake in ASML

Aug 27, 2012

(AP)—ASML Holding NV says that Samsung Electronics Co. has agreed to buy a 3 percent stake in it for €500 million ($625 million), following the lead of other key computer chip manufacturers Intel Corp. and Taiwan Semiconductor Manufacturing Company Ltd.

In July, Intel bought 15 percent of the Dutch company, and earlier this month, TSMC bought 5 percent. Like the others, Samsung will also help ASML invest in research and development, contributing €276 million euros in funding.

In all the three chipmakers have bought €3.85 billion worth of ASML equity and contributed €1.38 billion to the R&D program.

ASML is the largest equipment supplier to computer chip makers. It makes lithography machines, which use intensely focused beams of light to help map out the circuitry of computer chips.

Explore further: China's Xiaomi raises more than $1 bn in funding

not rated yet
add to favorites email to friend print save as pdf

Related Stories

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 ...

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 ...

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 ...

'Collapse' in semiconductor demand hits ASML

Jul 15, 2009

Dutch computer chip equipment maker ASML announced net losses for the first quarter after a collapse in sales, but said it saw signs of improving market conditions.

Recommended for you

China's Xiaomi raises more than $1 bn in funding

22 hours ago

China's top smartphone seller Xiaomi Corp. is raising more than $1 billion in a fresh round of funding, a move which would raise its valuation above $45 billion, a report said Sunday.

Why the Sony hack isn't big news in Japan

Dec 20, 2014

Japan's biggest newspaper, Yomiuri Shimbun, featured a story about Sony Corp. on its website Friday. It wasn't about hacking. It was about the company's struggling tablet business.

Sony faces 4th ex-employee lawsuit over hack

Dec 20, 2014

A former director of technology for Sony Pictures Entertainment has sued the company over the data breach that resulted in the online posting of his private financial and personal information.

Sony tells AFP it still plans movie release

Dec 20, 2014

Sony Pictures boss Michael Lynton denied Friday the Hollywood studio has "caved" by canceling the release of "The Interview," and said it still hoped to release the controversial film.

2012 movie massacre hung over 'Interview' decision

Dec 19, 2014

When a group claiming credit for the hacking of Sony Pictures Entertainment threated violence against theaters showing "The Interview" earlier this week, the fate of the movie's big-screen life was all but ...

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.