Posted at: 07/17/2013 4:05 AM
Dutch chip maker ASML’s net profit falls
(AP) THE HAGUE, Netherlands - 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 by The Associated Press. All Rights Reserved.)