Dutch semiconductor group ASMI hikes Q3 order intake targets - NewsBreak
By Frank in Business
Updated 3 years ago
(Reuters) - Dutch semiconductor supplier ASM International raised its order intake guidance for the third quarter, thanks to strong demand in the logic and foundry sector. ASMI expects third-quarter order intake to be above 600 million euros ($702.84 million), compared to previous guidance of 510-530 million euros. The company also expects revenue to increase to 2.8–3.4 billion euros by 2025.
