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Asml Holding

A Dutch company and currently the largest supplier

Summary

ASML gives the world’s leading chipmakers the power to mass produce patterns on silicon, helping to make computer chips smaller, faster and greener. ASML is the leading supplier to the semiconductor industry, driving lithography system innovation to make chips smaller, faster and greener.

History

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, current name ASML is an official name and not an abbreviation) 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. When the company became independent in 1988, it was decided that changing the name was not desirable, and the abbreviation ASML became the official company name.

In 2000, ASML acquired the Silicon Valley Group (SVG), a US lithography equipment manufacturer, in a bid to supply 193 nm scanners to Intel Corp.[12][13]

ASML is 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—and to apply for support from the Dutch national unemployment fund to prevent even larger layoffs. Two and a half years later, ASML expected a record-high revenue.

In July 2012, Intel announced a deal to invest $4.1 billion into ASML in exchange for 15% ownership, in order to speed up the transition from 300 mm to 450 mm wafers and further development of EUV lithography. This deal is without exclusive rights to future ASML products and, as of July 2012, ASML is offering another 10% of the shares to other companies. As part of their EUV strategy, ASML announced the acquisition of DUV and EUV sources manufacturer Cymer in October 2012.

Vision

We contribute to this goal by creating products and services that let our customers define the patterns that integrated circuits are made of, and we continuously raise the capabilities of our products, enabling our customers to increase the value and reduce the cost of chips. By helping to make chips cheaper and more powerful, we help to make semiconductor technology more attractive for a larger range of products and services, which in turn enables progress in fields such as healthcare, energy, mobility and entertainment.

Mission

Our customers include all of the world’s leading chipmakers, like Intel, Samsung, TSMC and GlobalFoundries, who use our product portfolio to manufacture a wide range of semiconductor chips.

References

https://www.comparably.com/companies/asml/mission

https://www.asml.com/en/company/about-asml/vision-and-mission

https://en.wikipedia.org/wiki/ASML_Holding

https://www.bloomberg.com/profile/company/ASML:NA

https://www.crunchbase.com/organization/asml