Dutch tech giant ASML: China sales to dip 'signficantly' in 2026 / Photo: Lionel BONAVENTURE - AFP
-
Barred from elections, Russia's anti-war party vows to fight on
-
Caught between great powers: the cautionary tale of Manus
-
Jaissle states Newcastle ambition but urges patience
-
Heatwave hits evicted families sleeping rough in Rome
-
NBA star Cooper Flagg trading card a slam dunk for lucky buyer
-
US company stokes Greenland tensions by unloading drilling gear
-
ForumPay Expands Payment Infrastructure with New Card and Bank Transfer Acceptance Solution
-
Cambridge academic in plagiarism row publishes memoir
-
Oil prices higher, stocks flat ahead of inflation report
-
LeBron's Sixers hope to spoil Knicks party on NBA opening night
-
Orban-critic ex-judge becomes Hungary president after predecessor ouster
-
UK 'on course' to record warmest summer for second year in a row
-
US rights groups sue Trump over ICC sanctions
-
Spotify to launch badge identifying AI music
-
Sphere 3D Corp. (Nasdaq: ANY) Attracts 6.5% Stake from Turnaround Bitcoin-Mining Investor
-
New plastic treaty document criticised for weaker ambition
-
Oil prices lower, stocks higher as Hormuz doubts drag on
-
Hungary parliament approves Orban-critic judge as president
-
Colombia scrambles to find survivors as quake kills 181
-
Ebola outbreak in DR Congo kills more than 2,000
-
Colombia scrambles to find survivors as quake kills 169
-
ChargeAfter Powers BYLD Finance Expansion into Consumer Financing for Equipment Retailers
-
MEXC Report: 74.2% of Traditional Finance Users Have Shifted Their Trading Activity to Crypto Exchanges
-
MEXC Upgrades RealStocks With Three New Features to Enhance U.S. Stock Trading Experience
-
MEXC Lists DAPPOS (DOS) With $60,000 Worth of DOS and 10,000 USDT in Airdrop+ Rewards
-
Israel demolishes home of slain Palestinian involved in deadly West Bank clash
-
Jellyfish force shutdown of three reactors at French nuclear plant
-
Liverpool fans seek clarity on Bezos bid to buy stake
-
Hodgkinson, Werro sail through Euro 800m qualifying
-
Solar eclipse sparks scramble for protective glasses across Europe
-
Somali referee denied World Cup 'proud' to oversee UEFA Super Cup
-
Oil prices jump as US-Iran deal hopes falter
-
French newspapers target Google over AI summaries
-
Newly crowned world's best pastry chef stays true to artisan roots
-
Ebola death toll in DR Congo outbreak rises to more than 2,000
-
Johnson signs for Everton in McNeil swap deal
-
PrimeXBT Launches MT5 Cent Account for Beginners and Risk-Conscious Traders
-
Syria sentences Bashar al-Assad to death in absentia over atrocities
-
British sprinter Hunt chasing three more golds after winning 100m
-
Hong Kong's tech index plans expansion with AI and robotics themes
-
Ethiopia's Tigray rebel authorities condemn army drone strikes
-
The Infantino saga -- What they said
-
Too hot to live? French buyers rethink housing choices after heatwaves
-
Economic losses from natural disasters fall to $100 bn in first half of 2026: Swiss Re
-
Ukraine says Russia fired N. Korean missiles in deadly attack
-
Colombia scrambles to find survivors as quake kills 132
-
Oil prices jump further as hopes for Hormuz deal fade
-
Singapore says AI-related demand lifting economy
-
Trump says would be 'terrible mistake' to oust embattled Infantino
-
Demeter Tactical Investments (ME) Limited bolsters governance with two board appointments
Dutch tech giant ASML: China sales to dip 'signficantly' in 2026
Dutch tech giant ASML said on Wednesday it expected its sales in China to fall significantly next year, as it booked flat net profits in the third quarter of 2025 compared with the same quarter last year.
"We expect China customer demand, and therefore our China total net sales in 2026 to decline significantly compared to our very strong business there in 2024 and 2025," said CEO Christophe Fouquet in a statement.
The firm, which makes cutting-edge machines that manufacture semiconductors, announced net profits of 2.125 billion euros ($2.5 billion), after 2.077 billion euros in the third quarter of last year.
Net sales in the third quarter of 2025 came in at 7.5 billion euros. ASML had forecast a figure between 7.4 billion euros and 7.9 billion euros.
"Our third-quarter total net sales... were in line with guidance, reflecting a good quarter for ASML," said Fouquet.
In July, the firm had warned that geopolitical and trade tensions had clouded the near-term outlook for its growth.
ASML said then that it could not confirm it would be in the black in 2026.
But on Wednesday, Fouquet said: "We do not expect 2026 total net sales to be below 2025," adding that the firm would give more details on next year's outlook in January.
A.Silveira--PC