ASML Holding

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ASML Holding N.V.
Type Naamloze vennootschap (EuronextASML, NASDAQASML
Industry Semiconductor industry
Founded 1984
Headquarters Veldhoven, Netherlands
Key people Eric Meurice (CEO), Peter Wennink (CFO), Arthur van der Poel (Chairman of the supervisory board)
Products Photolithography systems for the semiconductor industry
Revenue 4.508 billion (2010)[1]
Operating income €1.251 billion (2010)[1]
Profit €1.022 billion (2010)[1]
Total assets €6.180 billion (end 2010)[1]
Total equity €2.774 billion (end 2010)[1]
Employees 9,245 (FTE, end 2010)[1]
Website http://asml.com

ASML is a Dutch company and the largest supplier in the world of photolithography systems for the semiconductor industry. The company manufactures machines for the production of integrated circuits (ICs), such as DRAM memory, flash memory, and CPUs.

Contents

[edit] Products

ASML’s corporate headquarters in Veldhoven

The photolithography machines manufactured by ASML are used in the production of computer chips. In these machines, patterns are optically imaged onto a silicon wafer that is covered with a film of light-sensitive material (photoresist). This procedure is repeated dozens of times on a single wafer. The photoresist is then further processed to create the actual electronic circuits on the silicon. The optical imaging, that ASML's machines deal with, is used in the fabrication of nearly all integrated circuits, and as of 2010, ASML has 67 percent of the worldwide sales of lithography machines,[2] with the competition consisting of Ultratech, Canon and Nikon.

[edit] Immersion lithography

As of 2011, their high-end Twinscan NXT:1950i system is used for producing features down to 32 nanometres (and outlook for 22 nm) at up to 200 wafers per hour,[3] using a water immersion lens and an argon fluoride laser that produces light at a wavelength of 193 nm. As of 2011, an average lithography machine costs 27 million euros.[4]

[edit] EUV lithography

ASML also manufactures extreme ultraviolet lithography machines that use 13.5 nm wavelength light. On 22 April 2009, the Belgian research center Imec presented the world’s first functional 22 nm CMOS SRAM memory cells made using ASML's prototype EUV lithography machine.[5] As of 2011, the first series-produced (non-prototype) EUV machines are being shipped to customers.[4]

[edit] Other

In addition to immersion-based lithography and EUV lithography, ASML has a substantial IP portfolio covering imprint lithography.[6]

[edit] Company

ASML’s corporate headquarters is in Veldhoven, Netherlands. It is also the location for research, development, manufacturing and assembly. ASML has a worldwide customer base and over sixty service points in sixteen countries. The company is listed on both the AEX and NASDAQ Stock Exchanges, as ASML.

The company (originally named ASM Lithography)[7] was founded in 1984 as a joint venture between the Dutch companies Advanced Semiconductor Materials International (ASMI) and Philips. Nowadays it is a public company with only a minority of the shares owned by Philips.[8]

ASML is a subject to cyclical industrial dynamics. For example, at the end of 2008, ASML experienced a large drop in sales, which led management to cut the workforce by about 1000 worldwide—mostly contract workers[9] -- and to apply for support from the Dutch national unemployment fund to prevent even larger layoffs .[10] Two and a half years later, ASML expected a record-high revenue.[11]

[edit] References

[edit] External links

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