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Edition: U.S. Article Comments (0) Follow Reuters Facebook Twitter RSS YouTube Read TEPCO still working on plan to end Japan nuclear crisis 9:45am EDT Atop new poll, Trump slams China, OPEC and Obama 12 Apr 2011 JPMorgan Q1 profit up 67 percent; can it be repeated? 11:37am EDT TEPCO still working on plan to end Japan nuclear crisis | 9:17am EDT Obama deficit plan to seek tax reform, spending cuts 11:32am EDT Discussed 145 China tells U.S. to quit as human rights judge 140 Reid says Republicans want shutdown to close clinics 116 Obama, Congress struggle to find budget deal Watched South Korean "super gun" packs hi-tech killing power Mon, Feb 14 2011 Argentine models bare it all Thu, Apr 7 2011 X-47B - the future of autonomous aerial warfare Fri, Feb 11 2011 SMALL BUSINESS Do fries go with that app? Worried about how many calories you are going to consume in a serving of fries? A new iPhone application may help. After taking a picture of the meal with the phone, the app gives a calorie read-out almost instantly Full Article Caribbean rum maker looks to tap U.S. market Startup targets online vacation rentals ASML sees impact of Japan quake on customers Tweet Share this By Roberta B. Cowan AMSTERDAM (Reuters) - Dutch chip equipment maker ASML, a bellwether for the European tech sector, said some customers were holding back on confirming orders because the Japan quake had disrupted their supply chain. ASML, the... Email Print Related News Support may boost Ouattara chances in Ivory Coast Tue, Apr 12 2011 UPDATE 5-Banesto Q1 profit drops in ailing Spanish market Tue, Apr 12 2011 Alcoa profit tops estimates but revenue misses Mon, Apr 11 2011 Oil slumps on demand worries Mon, Apr 11 2011 EU wants pre-election bailout deal for Portugal Fri, Apr 8 2011 Analysis & Opinion Tech wrap: HTC trumps Nokia Cisco takes first small step to focusing on core Related Topics Technology » Stocks By Roberta B. Cowan AMSTERDAM | Wed Apr 13, 2011 3:54am EDT AMSTERDAM (Reuters) - Dutch chip equipment maker ASML, a bellwether for the European tech sector, said some customers were holding back on confirming orders because the Japan quake had disrupted their supply chain. ASML, the world's largest maker of semiconductor lithography machines, which map out electronic circuits on silicon wafers, reported a record quarterly profit on strong demand for the newest chips used in tablet computers and smartphones, but reported a lower-than-expected order book in the first quarter. ASML also sounded a note of caution because of the devastating March 11 earthquake and resulting tsunami. ASML shares were down 2.2 percent at 28.76 euros in early trading, while the European tech sector index was up about 0.5 percent. "What we are seeing over the last two, three weeks increasingly, there are now messages from our customers that they are seeing an impact," Chief Financial Officer Peter Wennink said. "There is a level of uncertainty about the ability of the entire supply chain in the electronics industry to keep shipping what our customers need. A few of our customers have come and said, 'Yes, we are seeing some impact'." ASML's Chief Executive Eric Meurice said semiconductor manufacturers were showing caution in assessing the impact of the Japanese quake on their supply chain and the overall end-market. "Some customers have indeed re-timed a limited number of deliveries," he said in a statement. But Meurice added that demand continued to be sufficiently strong for 2011, and ASML's revenue expectations would not be significantly affected, with 2011 sales still seen exceeding 5 billion euros. PROXY ING analyst Niels de Zwart said that following ASML's results, he did not expect peers to be affected by the quake. "ASML says that it sees a limited impact from the Japanese earthquake, so I can't see the industry being significantly different, since ASML is a proxy for the industry," he said. First-quarter net profit was 405.1 million euros, under International Financial Reporting Standards, up from 101 million euros a year ago and 362.2 million euros in the fourth quarter, which was the previous record. First-quarter sales were 1.452 billion euros, which were in line with analysts' expectations for sales of 1.448 billion euros. Under U.S. GAAP, which is more widely followed by analysts and investors for the tech sector, first-quarter net profit was 395 million euros, up from 107 million euros a year ago. 1 2 Next Technology Tweet this Share this Link this Digg this Email Reprints We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language, all capital letters or appear to be spam, and we review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. Comments (0) Be the first to comment on reuters.com. Add yours using the box above. 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