22. April 2021, 09:47 Uhr | Heinz Arnold
The ASML campus in Veldhoven.
ASML's sales are rising strongly, mainly because manufacturers are upgrading their existing systems to increase capacity.
In the first quarter of 2021, the world's largest manufacturer of lithography systems, headquartered in Veldhoven, Netherlands, posted sales of 4.363 billion euros - exceeding expectations. "Driving the growth in the first quarter was our business around existing equipment, which manufacturers are now upgrading via software to increase capacity as quickly as possible," said Peter Wennink, CEO of ASML. Orders received in the first quarter totaled 4.7 billion euros, 2.3 billion euros of which were for EUV (extreme ultraviolet) systems. The margin climbed from 52 percent (2.2 billion euros) in the fourth quarter of 2020 to 53.9 percent (2.352 billion euros) in the first quarter of 2021.
In total, ASML sold 73 lithography systems in the first quarter, the same number as in the fourth quarter of 2020, when sales were €4.254 billion.
"Compared to the fourth quarter of 2020, we sense a growing demand across all market segments. The expansion of digital infrastructure with growth drivers such as 5G. AI, high performance computing is driving demand for both logic ICs and memory ICs. We now expect sales to grow by 30 percent this year compared to 2020," says Peter Wennink. In 2020, ASML had achieved sales of 14 billion euros (2019: 11.8 billion euros). For the second quarter, he expects revenue to be between €4.0 billion and €4.1 billion.
On the technical side, in the first quarter ASML succeeded in increasing the permeability of pellicles for EUV systems to 90 percent, further improving the throughput of these machines. In addition, the throughput of the new TWINSCAN NXT:1470 deep ultraviolet (DUV) system was improved to 300 wafers per hour. This is almost 50 percent more than the previous model (XT:1460) had achieved.
In the first quarter, ASML delivered the hundredth System Node Extension Package (SNEP) for DUV systems to a customer. This enables customers to increase the performance of their existing lithography systems and thus extend their service life.
In addition, ASML har reached another milestone in the first quarter of 2021: the thousandth TWINSCAN KRF system was delivered.