Dutch computer chip maker and global hi-tech bellwether ASML Wednesday reported a steep fall in first quarter sales and profits, but predicted an upswing in the months ahead.
Leading Dutch manufacturer of computer chip making systems ASML Wednesday declared 2015 a "record" year for sales which rose to 6.3 billion euros ($6.9 billion), with net profits leaping by 15 percent.
South Korean chipmaker SK Hynix saw its net profit shoot up 61 percent on-year in the first quarter on strong demand for chips for new mobile devices, the company said Thursday.
SK Hynix, the world's second-largest memory chip maker, reported Thursday a record high quarterly net profit for the three months to September on strong sales and currency earnings.
ASML Holding NV, the largest supplier of equipment to computer chip makers such as Intel and Samsung, says it sees only incremental sales gains in the coming two quarters.
German semiconductors giant Infineon said Thursday it hopes to lift sales in the second quarter and is sticking to its full-year, despite a weak first quarter.
Dutch computer chip maker and global high-tech bellwether ASML on Wednesday posted a drop in profit for 2013, despite record sales in the fourth quarter.
Intel's fourth-quarter net income rose 6 percent, as the company offset flat demand for its personal computer chips with higher sales of other products.
Samsung Electronics Co. reported another record quarterly profit as a revival in its semiconductor business and strong shipments of cheaper handsets offset flat sales of high-end smartphones.
Even as it reels from the slowdown in personal-computer chip sales, Intel Corp. faces a new and worrisome threat from a growing group of rivals led by a puny upstart.