Dutch chip maker ASML's net profit fallsJuly 17, 2013 @ 12:33 am
THE HAGUE, Netherlands (AP) - ASML Holding NV, the largest equipment supplier to semiconductor makers such as Intel Corp. and Samsung Inc., says its net profit fell to (EURO)221 million ($290 million) in the second quarter, from (EURO)292 in the same period last year.
Sales for the quarter were almost unchanged from last year at (EURO)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 (EURO)5 billion, excluding a contribution of (EURO)180 million from Cymer, up from the (EURO)4.73 billion earlier announced.
(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
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