News Article
Uncharted Water For Semi Industry
Lithography equipment producer ASML reports a net loss of EUR208mn for 2002 on the basis of net sales worth EUR1.96bn. This compares with net losses of EUR479mn and net sales of EUR1.59bn in 2001. The total number of units produced was 205 including 22 refurbished tools, up from 197 (17 refurbished) in 2001.
Lithography equipment producer ASML reports a net loss of EUR208mn for 2002 on the basis of net sales worth EUR1.96bn. This compares with net losses of EUR479mn and net sales of EUR1.59bn in 2001. The total number of units produced was 205 including 22 refurbished tools, up from 197 (17 refurbished) in 2001.
President/CEO Doug Dunn says: "The semiconductor industry is in uncharted waters entering 2003. Never has the industry experienced a downturn that lasted so long or ran so deep."
Analysts are disappointed that ASML is reluctant to offer guidance on prospects for 2003.