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ASML sees around $2.27 billion in sales in China in 2021, 2022

by Mike Robinson

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© Reuters. FILEPHOTO: The ASML’s logo was seen during the presentation in Veldhoven of the fourth quarter and year-end results for 2011. REUTERS/Robin van Lonkhuijsen/United Photos/File Photo

AMSTERDAM (Reuters – ASML, a Dutch company that makes semiconductor equipment in the Netherlands, stated on Thursday that they see strong demand for their products in China. It expects sales to reach around 2 Billion Euros ($2.27B) in 2021.

Roger Dassen (CFO) stated that ASML currently operates at maximum capacity and expects to have similar sales figures in China by 2022. Dassen spoke at the Morgan Stanley TMT conference.

($1 = 0.8824 euros)

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