ASML profit beats despite Berlin fire; sees 20% sales growth in 2022


FILE PHOTO: Company representatives and government officials cut a ribbon during the opening ceremony of the EUV training center at ASML Holding in Tainan, Taiwan, August 20, 2020. REUTERS/Ann Wang

AMSTERDAM (Reuters) -ASML Holding NV, a key supplier to computer chip makers, on Wednesday reported better-than-expected fourth-quarter earnings of 1.77 billion euros ($2.01 billion) and said it expected sales growth of 20% in 2022.

"The expected impact of the fire in part of a building at our Berlin site is included", in the 2022 growth forecast, the Chief Executive Officert Peter Wennink said in a statement.

Subscribe to The Star Yearly Premium Plan for 30% off

Cancel anytime. Ad-free. Full access to Web and App.

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.39/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Tesla plans robotaxi expansion with San Francisco deployment
Samsung plans to unveil its first trifold smartphone in 2025
Google to discount cloud computing services for US government, FT reports
Tech's diversity crisis is baking bias into AI systems
Unions says Amazon 'Prime Day' puts extra strain on workers
AI device startup that sued OpenAI and Jony Ive is now suing its own ex-employee over trade secrets
AI-generated images of child sexual abuse are flooding the Internet
A 'click-to-cancel' rule, intended to make canceling subscriptions easier, is blocked
UK arrests four linked to M&S, Harrods cyberattacks
Google’s Gemini AI app can now turn photos into short video clips

Others Also Read