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Dutch chip maker ASML's net profit falls

Wednesday - 7/17/2013, 10:33am  ET

THE HAGUE, Netherlands (AP) -- ASML Holding NV, the largest equipment supplier to semiconductor makers such as Intel Corp. and Samsung Inc., says its net profit fell to EUR221 million ($290 million) in the second quarter, from EUR292 in the same period last year.

Sales for the quarter were almost unchanged from last year at EUR1.2 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 EUR5 billion, excluding a contribution of EUR180 million from Cymer, up from the EUR4.73 billion earlier announced.


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