(Reuters) – Dutch semiconductor manufacturing equipment supplier ASM International expects a rise in first-quarter revenue after fourth-quarter orders beat expectations, it said on Thursday.
ASM estimated first-quarter revenue of 380-400 million euros ($489.20 million) compared with 347 million euros in the fourth quarter.
Fourth-quarter order intake rose 25% quarter on quarter to 379 million euros, above its guidance of 340-360 million euros, citing strong demand in the logic and foundry segment.
($1 = 0.8177 euros)
(Reporting by Boleslaw Lasocki in Gdansk; Editing by Richard Chang)
