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ASM International posts lower than expected fourth-quarter orders

Channel News Asia LogoChannel News Asia5h ago

ASM International posts lower than expected fourth-quarter orders - Channel News Asia

Quick Summary:

Computer chip equipment maker ASM International (ASMI) reported fourth-quarter orders below analyst expectations on Tuesday after weakness in automotive and industrial markets outweighed otherwise strong sales in its tools for AI chips.

Analysts polled by LSEG expected revenue first-quarter revenue of 819 million euros.

The Dutch company also posted its revenue forecast for the first quarter in a range between 810 million and 850 million euros.


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ASM International posts lower than expected fourth-quarter orders - Channel News Asia (Picture 1)ASM International posts lower than expected fourth-quarter orders - Channel News Asia (Picture 2)

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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-26 @ 01:39:02 (5 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 182 words

Reading Time: 2 minutes read

Sentences: 8 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 26442162

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About Channel News Asia

Channel News Asia Logo

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 54 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 1 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #27

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