ASML Holding NV, one of the largest makers of semiconductor manufacturing equipment, said Wednesday its first-quarter net profit fell 5 percent as customers cut back on spending.
The Dutch equipment supplier to computer chip makers such as Intel Corp. and Samsung Electronics Co. said net profit was euro145.1 million (US$228.9 million), down from euro152.7 million in the same period a year ago. Sales fell 3.1 percent to euro919.2 million (US$1.450 billion), it said.
The company forecast that full-year sales would be around 10 percent lower than 2007 levels.
Chief Executive Eric Meurice said Wednesday that sales would be "weaker for the next …

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