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ASML ASML Holding NV

835.90
24.50 (3.02%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
ASML Holding NV EU:ASML Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  24.50 3.02% 835.90 835.40 838.00 836.80 815.80 817.00 434,464 16:40:00

ASML CEO: Consolidation Has Run Its Course in Semiconductor Sector

17/11/2016 9:18am

Dow Jones News


ASML Holding NV (EU:ASML)
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By Stu Woo

 

BARCELONA--ASML Holding NV Chief Executive Peter Wennink said Thursday that he expected no more consolidation in the near future in the semiconductor industry in part because of regulatory concerns.

"I personally do not expect any more consolidation the industry," Mr. Wennink said at a Morgan Stanley conference in Barcelona.

Mr. Wennink, whose Dutch company makes chip-making equipment, said the four or five biggest semiconductor companies would get bigger while smaller players would focus on niches.

Qualcomm Inc. in October agreed to acquire another Dutch chip company, NXP Semiconductors NV, for $39 billion.

 

Write to Stu Woo at stu.woo@wsj.com

(END) Dow Jones Newswires

November 17, 2016 04:03 ET (09:03 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.

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