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7/17/13

Micro Chip Industry - The Netherlands: Dutch chip maker ASML's net profit falls

ASML Holding NV, the largest equipment supplier to semiconductor makers such as Intel Corp. and Samsung Inc., says its net profit fell to €221 million ($290 million) in the second quarter, from €292 in the same period last year.

Sales for the quarter were almost unchanged from last year at €1.2 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 €5 billion, excluding a contribution of €180 million from Cymer, up from the €4.73 billion earlier announced.

Read more: Dutch chip maker ASML's net profit falls - Yahoo! News

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