ASML Increases Presence in China with Huajing Microelectronics Order; Growing Chinese IC Market Provides Strong Foundation for Sales.Business Editors/High-Tech Writers VELDHOVEN, The Netherlands--(BUSINESS WIRE)--Dec. 3, 2002 ASML Holding ASML is a Dutch company and the world’s primary supplier of lithography systems for the semiconductor industry. Of all the major chip producers worldwide, more than 80% are ASML customers. NV (ASML ASML Abstract State Machine Language ASML Anisotropic Shielded Microstrip Line ) today announced that it received a multiple product order from a leading Chinese chip manufacturer, Huajing Microelectronics Corporation, headquartered in Wuxi, China. The technology will be used by the company in the manufacture of discrete semiconductor components and bipolar integrated circuit integrated circuit (IC), electronic circuit built on a semiconductor substrate, usually one of single-crystal silicon. The circuit, often called a chip, is packaged in a hermetically sealed case or a nonhermetic plastic capsule, with leads extending from it for elements. ASML was selected over competitors based on criteria that included technical quality, high volume manufacturing capacity, ease of operation, cost effective pricing and customer service expertise. "Huajing Microelectronics is pleased to purchase ASML lithography equipment as it will improve our production capacity," said Zhao Jiankun, general manager, Huajing Microelectronics Corporation. "In addition, ASML has excellent customer support. We plan to closely partner with them and take full advantage of our new systems." "Huajing Microelectronics is equipped to process 250,000 wafers per year and ASML looks forward to helping the corporation achieve its lithography production goals," said Doug Dunn, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , ASML. "All customers are important and China has special significance due to its enormous growth potential. We will continue our efforts to establish ASML as a competitive supplier in Asia." According to the United States Information Technology Office in Beijing, the demand for semiconductors in China is exploding at a compounded annual growth rate of more than 25 percent. Additionally iSuppli Corporation, an independent research firm projects that revenue from chips made in China is expected to grow from US$ 2.9 billion in 2002 to US$ 9.1 billion in 2006. About ASML ASML is one of the world's leading providers of advanced technology systems for the semiconductor industry. The company offers an integrated portfolio of lithography, track and thermal systems mainly for manufacturing complex integrated circuits. Headquartered in Veldhoven, the Netherlands, ASML is traded on Euronext Amsterdam and NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on under the symbol ASML. In the first half of 2002, the company reported net sales Net Sales The amount a seller receives from the buyer after costs associated with the sale are deducted. Notes: This amount is calculated by subtracting the following items from gross sales: merchandise returned for credit, allowances for damaged or missing goods, freight of EUR EUR In currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 823 million. ASML employs approximately 6,800 people in 50 locations throughout the world. For more information, visit: www.asml.com. |
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