Dutch chip maker ASML's net profit falls

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 This material may not be published, broadcast, rewritten or redistributed.)

Top Stories

  • 'Unacceptable'
    A Seattle hotelier wants a no-panhandling zone after being attacked downtown, twice

  • Dumpster Divers
    Dori Monson says he's thrilled the Seattle government will start picking through garbage

  • What We Learned
    Danny O'Neil looks at three things we learned in Sunday's game against Denver
ATTENTION COMMENTERS: We've changed our comments, but want to keep you in the conversation.
Please login below with your Facebook, Twitter, Google+ or Disqus account. Existing MyNorthwest account holders will need to create a new Disqus account or use one of the social logins provided below. Thank you.
comments powered by Disqus
Sign up for breaking news e-mail alerts from MyNorthwest.com
In the community
Do you know an exceptional citizen who has impacted and inspired others?
KIRO Radio and WSECU would like to recognize six oustanding citizens this year. Nominate them to be recognized and to receive a $2,000 charitable grant.