{"id":7741,"date":"2024-08-15T17:36:04","date_gmt":"2024-08-15T17:36:04","guid":{"rendered":"https:\/\/news.godj.com\/news\/how-asml-became-europes-most-valuable-tech-firm\/"},"modified":"2024-08-15T17:36:04","modified_gmt":"2024-08-15T17:36:04","slug":"how-asml-became-europes-most-valuable-tech-firm","status":"publish","type":"post","link":"https:\/\/news.godj.com\/news\/how-asml-became-europes-most-valuable-tech-firm\/","title":{"rendered":"How ASML became Europe\u2019s most valuable tech firm"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Technician, Bram Matthijssen was putting together one of ASML&#8217;s latest designs when we visited the factory. Mr Matthijssen works in one of the cleanest environments on the planet. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;There are moments where we have to wear gloves over gloves to make sure we don&#8217;t leave any finger prints, to make sure we don&#8217;t bring any extra dust into the machine.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;A single finger print&#8230; can cause significant damage to the machine,&#8221; he says.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The machines themselves are very substantial and complex. One extreme ultraviolet (EUV) machine can take a year to assemble and deliver.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Last year the company delivered only 50 of their highest specification model and 400 machines in total. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Those sales, plus income from the management and upgrading of existing machines, made the company 21.2bn euros ($22.7bn; \u00a318.9bn) last year.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The orders they have in the pipeline are worth double that. The sales growth means a growing workforce, up by a third over the last 12 months.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Wayne Lam, a consultant with technology research firm CCS Insights, says the machines ASML make take years, if not decades, to develop and perfect.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">ASML has been working on its highest specification machines since the early 2000&#8217;s, leaving other companies in the field with quite a bit of catching up to do. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;I&#8217;m sure there are competitors in the works&#8230; however, in the near term there isn&#8217;t any true competitor to ASML,&#8221; he says.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Not bad for a company once described by the BBC as &#8220;relatively obscure&#8221;, a quote which Mr Hofman has printed on a hoodie.<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.bbc.co.uk\/news\/business-64514573?at_medium=RSS&#038;at_campaign=KARANGA\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Technician, Bram Matthijssen was putting together one of ASML&#8217;s latest designs when we visited the factory. Mr Matthijssen works in one of the cleanest environments on the planet. &#8220;There are moments where we have to wear gloves over gloves to make sure we don&#8217;t leave any finger prints, to make sure we don&#8217;t bring any [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":7742,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[58],"tags":[4345,1747,146,459,4346],"class_list":["post-7741","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology-of-business","tag-asml","tag-europes","tag-firm","tag-tech","tag-valuable"],"_links":{"self":[{"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/posts\/7741","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/comments?post=7741"}],"version-history":[{"count":1,"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/posts\/7741\/revisions"}],"predecessor-version":[{"id":7743,"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/posts\/7741\/revisions\/7743"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/media\/7742"}],"wp:attachment":[{"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/media?parent=7741"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/categories?post=7741"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/tags?post=7741"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}