Tech firm ASML sees lower profit amid US-China trade feud




Updated 1 day ago ·
Published on 25 Jan 2023 7:10PM ·





asml.com pic semiconductor chip 25012023 full
Dutch semiconductor firm ASML says it expects strong growth for 2023, with net sales rising more than 25%, even with the US-China trade feud. – asml.com pic, January 25, 2023.

DUTCH firm ASML, a major equipment supplier to the semiconductor industry, announced on Wednesday a drop in profits last year amid tech trade frictions between China and the United States.

The group reported a net profit of €5.6 billion (RM25.9 billion) for 2022, 4.4% lower than in the previous year.


Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one (1) week free access!

Subscribe Now!



Sign up or sign in here to comment.

Read More