ASML Expects To Triple EPS, To Reach EUR 10 Bln Net Sales By 2020 - Quick Facts

(RTTNews) - Dutch semiconductor equipment maker ASML Holding NV (ASML) Monday announced its expected opportunity to grow net sales to about 10 billion euros and to triple earnings per share by 2020.

ASML said its executive management will present the 2020 ambition at its Investor Day in London. Underpinning ASML's 2020 ambition is the semiconductor industry's continued aggressive pursuit of transistor scaling to deliver improvements in performance, size and power consumption. This in turn makes possible new applications and more attractive consumer devices and services, fuelling overall industry growth.

In short, ASML expects Moore's Law to continue to drive the industry in the coming ten years, with lithography as the key enabler.

Regarding its main technologies, ASML expects Deep-UV immersion systems to be used for patterning of multiple layers in all advanced processes for the forseeable future, and EUV to enable cost effective manufacturing of logic, DRAM and NAND chips from 2016/2017 allowing feature size shrink and simplification of manufacturing processes.

The company also expects holistic Lithography products to deliver advanced correction capability supporting the tightening of litho related manufacturing tolerances, resulting in lower rework and higher yields.

The company also announced that Taiwan Semiconductor Manufacturing Company Ltd. (TSM) has ordered two NXE:3350B EUV systems for delivery in 2015 with the intention to use those systems in production. In addition, two NXE:3300B systems already delivered to Taiwan Semiconductor will be upgraded to NXE:3350B performance.