EenStukje schreef op 11 november 2022 16:50:
Van op de Bolero feed :
ASML CEO: Would not change 2030 growth targets if China excluded
15:35 (11-11) - Bron: Reuters
AMSTERDAM, Nov 11 (Reuters) - ASML Holding NV ,
a key supplier to semiconductor manufacturers, would not change
its 2030 forecasts much if Chinese chipmakers are unable to
expand their capacity beyond current levels, CEO Peter Wennink
told investors on Friday.
ASML had about 16% of sales in China in 2021 but it has not
received permission to sell its most advanced tools there as
they are considered "dual use" technology with military
applications.
Speaking at a meeting with investors, Wennink said "if the
geopolitical situation is such, which I would not expect, but
that, for instance China would absolutely be excluded from any
growth, the demand is there. The fabs (fabrication plants) would
be built somewhere else. There could be a temporary hiccup. But
ultimately those chips need to be made."
"So it doesn't change the 2030 picture that much."
ASML on Thursday upgraded its long term forecasts for 2025
and 2030, saying it expects demand for its products to be strong
in the coming decade.
It expects sales to grow to 44-60 billion euros in 2030,
from 18.6 billion euros in 2021.