Chipmaker ASM beats first-quarter revenue and orders targets

(Reuters) - Dutch semiconductor supplier ASM International on Wednesday reported first-quarter revenue of 249 million euros ($278.5 million) and order intake of 235 million euros, both exceeding its own expectations. For the second quarter, the chipmaker expects revenue between 230 million and 250 million euros, with bookings between 240 million and 260 million euros on a currency comparable level, it said. ($1 = 0.8941 euros) (Reporting by Zuzanna Szymanska in Gdynia)

Chipmaker ASM beats first-quarter revenue and orders targets

(Reuters) - Dutch semiconductor supplier ASM International on Wednesday reported first-quarter revenue of 249 million euros ($278.5 million) and order intake of 235 million euros, both exceeding its own expectations.

For the second quarter, the chipmaker expects revenue between 230 million and 250 million euros, with bookings between 240 million and 260 million euros on a currency comparable level, it said.

($1 = 0.8941 euros)

(Reporting by Zuzanna Szymanska in Gdynia)

This story has not been edited by Firstpost staff and is generated by auto-feed.

Tech2 is now on WhatsApp. For all the buzz on the latest tech and science, sign up for our WhatsApp services. Just go to Tech2.com/Whatsapp and hit the Subscribe button.






also see

science