ASM International reports Q3 bookings below market estimates

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Synopsis

ASM International reported third-quarter bookings below market expectations on Tuesday, hit by a larger-than-expected drop in orders from Chinese chipmakers.

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Computer chip equipment maker ASM International reported third-quarter bookings below market expectations on Tuesday, hit by a larger-than-expected drop in orders from Chinese chipmakers.

Bookings, the industry’s most closely watched figure, came in at 637 million euros ($743 million) in the second quarter of the year. That compared with an average 719 millions euros expected by analysts,…



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ASM International reports Q3 bookings below market estimates


Synopsis

ASM International reported third-quarter bookings below market expectations on Tuesday, hit by a larger-than-expected drop in orders from Chinese chipmakers.

Image for ASM International reports Q3 bookings below market estimates
Computer chip equipment maker ASM International reported third-quarter bookings below market expectations on Tuesday, hit by a larger-than-expected drop in orders from Chinese chipmakers.

Bookings, the industry’s most closely watched figure, came in at 637 million euros ($743 million) in the second quarter of the year. That compared with an average 719 millions euros expected by analysts,…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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