Subscribe free to our newsletters via your
. 24/7 Space News .




CHIP TECH
Dutch high-tech group ASML reports Q1 profits slump
by Staff Writers
The Hague (AFP) April 18, 2012


The Dutch company ASML, a supplier of computer chip-making systems and a global high-tech bellwether, posted on Wednesday a 28 percent drop in first-quarter profit owing to weaker demand.

Net profit stood at 282 million euros ($370 million), slightly better than an average analyst forecast of 279 million euros compiled by Dow Jones Newswires.

Group sales dipped by 13.8 percent to 1.25 billion euros, but stayed within ASML's targets, a company statement said, following a drop in global demand for microprocessors.

ASML stressed however that it expected sales to remain stable until at least September.

"Financial results in the first quarter were in line with our guidance, supporting our expectations for first half 2012 net sales of about 2.4 billion euros," ASML chief executive Eric Meurice said.

"We see sales stability at current Q1 levels for the next two quarters," he added.

ASML picked up 36 new orders worth 865 million euros in the first quarter, compared with 37 new orders in the fourth quarter last year, it said.

The group's order book was now worth 1.6 billion euros, it said.

ASML operates in 16 countries and is considered an accurate indicator of conditions in the microprocessing industry.

It manufactures machines used to make integrated circuits and semiconductors and has 8,000 full-time employees.

.


Related Links
Computer Chip Architecture, Technology and Manufacture
Nano Technology News From SpaceMart.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News





CHIP TECH
Intel earnings beat expectations
San Francisco (AFP) April 17, 2012
Computer chip giant Intel Corporation on Tuesday reported quarterly earnings that beat Wall Street expectations and said its processors would soon debut in smartphones. The California-based company said that it had a net income of $2.7 billion on revenue of $12.9 billion in the first three months of the year. "The first quarter was a solid start to what's expected to be another growth ye ... read more


CHIP TECH
Russian Space Agency eyes Moon explorations

Russia postpones Luna-Glob moon mission

Russia Plans to Launch Lunar Rovers to Moon after 2020

Russia to explore moon

CHIP TECH
Photo Of NASA's Maven Spacecraft and Propellant Tank at Lockheed Martin

Dark regions on Mars may be volcanic glass

Martian impact craters may be hiding life

Russia to Go Back to the Moon Before Reaching for Mars

CHIP TECH
Voyager One Might Have Farther to Go to Exit the Heliosheath

Manned space missions: from the ISS to outer space

NASA's Human Spaceflight Programs: From Space Shuttle To The Future

Commentary: Innovate or evaporate

CHIP TECH
China's Lunar Docking

Shenzhou-9 may take female astronaut to space

China to launch 100 satellites during 2011-15

Three for Tiangong

CHIP TECH
Commercial Platform Offers Exposure at ISS

Learn to dock ATV the astronaut way

Superconducting Submillimeter-Wave Limb-Emission Sounder (SMILES)

Busy first days for ATV Edoardo Amaldi

CHIP TECH
A double arrival for Arianespace's next dual-payload Ariane 5 mission

Another weather satellite payload is readied for launch by Arianespace

Canadarm2 to Catch SpaceX's Dragon on Its Maiden Voyage to the ISS

How to Buy a Launch Vehicle

CHIP TECH
ALMA Reveals Workings of Nearby Planetary System

UF-led team uses new observatory to characterize low-mass planets orbiting nearby star

When Stellar Metallicity Sparks Planet Formation

Study On Extrasolar Planet Orbits Suggests That Solar System Structure Is The Norm

CHIP TECH
New Technique Helps Ensure Reliability of Microelectronic Devices, PV Cells and MEMS Applications

Topological Transitions In Metamaterials

Raytheon Delivers US Navy's First Dual-Frequency Sonar

More 'mini-iPad' rumors surface




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement