ASML Holdings Q1 2016 Review
ASML Holdings Reported first-quarter Sales and Gross margin in Line with guidance yesterday. Headquartered in Veldhoven, the Netherlands, ASML makes the machines that are used to manufacture semiconductors. ASML designs, develops, integrates, markets and services lithography systems for the semiconductor industry.
ASML’s main clients are Samsung, Intel and TSMC. TSMC is a main supplier of Apple, Nvidia, Qualcomm, AMD and STmicro. In practice, the consumer electronics world today depends on ASML’s capacity to develop machines that can produce faster electronics.
The consumer electronics market is currently going through a difficult period as several products such as mobiles, tablets and TVs appear to have reached a mature phase. Further deterioration in the global environment could see capex pressure intensify on the industry in the short-term.
However, the technology sector is on the eve of a major breakthrough led by the internet. As networks become faster, more reliable and integrated, the need for better technology able to handle massive amounts of data requires next generation semiconductors.
5G will soon be with us. The US will start early testing in 2017 and Korea is...