Categories: Feature

ASM International's bookings beat market view as China orders rebound

Published by TSG Syndication

Jan 19 (Reuters) - Computer chip equipment maker ASM International on Monday reported preliminary bookings above market expectations for the fourth quarter of 2025, backed by a rebound in orders from China. Quarterly order intake grew to about 800 million euros ($930 million), the Dutch company said in an unscheduled statement, beating analysts' 669-million-euro forecast, according to a poll by Visible Alpha. "The stronger-than-expected bookings were driven by a rebound in orders from China toward the end of the quarter as well as solid bookings in the advanced logic/foundry segment," ASM said. The company's preliminary revenue was 698 million euros, also topping an LSEG poll estimate of 656 million euros. In October, ASM's third-quarter results were hurt by a larger than expected drop from China, the world's largest buyer of chipmaking equipment. ($1 = 0.8600 euros) (Reporting by Nathan Vifflin in Gdansk, editing by Milla Nissi-Prussak) (The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)
TSG Syndication
Published by TSG Syndication