July 23, 2019 / 4:26 PM / a month ago

Dutch chipmaker ASM reports 25% rise in second-quarter revenue

July 23 (Reuters) - Dutch chipmaker ASM International reported a 25% increase in second-quarter revenues, driven by continuous high demand in its logic chips and fabrication business.

In the second quarter, ASM said its revenue reached 260 million euros ($289.98 million), excluding previously announced gains from a recent patent litigation, compared to 242 million euros in a Refinitiv analyst poll. ($1 = 0.8966 euros) (Reporting by Zuzanna Szymanska in Gdynia. Editing by Jane Merriman)

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