ASML raises bookings outlook for Q3 2006
ASML expects its Q3 2006 unit orders to be substantially higher than previously indicated because of strong demand from several memory makers, both DRAM and NAND/Flash. The orders are across the ASML product range, as a number of customers who have been using ASML's advanced ArF and KrF systems are now also ordering i-line systems in volume.
"Q3 strong order entry underlines ASML's continued market share increase in both the leading edge and volume segments. It is indicative of the industry's fairly sustained need for capacity, as customers are building new fabs for 2007," said Eric Meurice, president and CEO. "As a result, we expect that our 2006 net sales will increase by approximately 40 percent year-on-year. Our focus on technology leadership and our commitment to operational excellence have been major drivers for ASML's sustained performance within the semiconductor cycles."
About 75 percent of the new orders expected in Q3 2006 will be for shipments in 2007, a large part of which is to support ASML's customers' ramp-up of their announced new fabs.
