Support Wilton's only locally-owned, independent source of news about Wilton.

For as little as $5/month, every GOOD Morning Wilton membership helps ensure we can continue to provide coverage of Wilton's town government, businesses, schools, community and more.

Become a Member

Wake up with
GOOD Morning Wilton!

Sign up to receive GOOD Morning Wilton's
daily email newsletter every Monday-Friday. You'll be the FIRST to know the news that everyone in Wilton will be talking about!

Processing…
You're subscribed!
Whoops! There was an error and we couldn't process your subscription. Please reload the page and try again.
  • News
    • Town Hall
    • Schools
    • Sports
    • Budget FY2024
    • GOOD News of the Day
    • Photo of the Day
  • Real Estate/Business
    • Real Estate
    • Business
      • Job Listings
  • Community
    • Good People to Know
    • Good Stuff To Do
    • Family
    • Kids & Teens
  • OP-ED
    • Opinion
    • Letters to the Editor
  • Events
  • Listings
  • Submit Story
  • Advertise
  • Members
    • Become a GMW Member
    • Membership FAQs
  • About
    • About GMW
    • Our Team
  • Contact Us
  • Become a Member
    • Become a GMW Member
    • Membership FAQs
  • Advertise
  • Submit a Story
  • Subscribe to Our Newsletter
  • FAQs
    • General FAQs
    • Membership FAQs
  • Terms of Use
  • Facebook
  • Instagram
  • Twitter
  • YouTube
Skip to content
  • About
    • About GMW
    • Our Team
  • Contact Us
  • Become a Member
    • Become a GMW Member
    • Membership FAQs
  • Advertise
  • Submit a Story
  • Subscribe to Our Newsletter
  • FAQs
    • General FAQs
    • Membership FAQs
  • Terms of Use
  • Facebook
  • Instagram
  • Twitter
  • YouTube
Good Morning Wilton

Good Morning Wilton

  • News
    • Town Hall
    • Schools
    • Sports
    • Budget FY2024
    • GOOD News of the Day
    • Photo of the Day
  • Real Estate/Business
    • Real Estate
    • Business
      • Job Listings
  • Community
    • Good People to Know
    • Good Stuff To Do
    • Family
    • Kids & Teens
  • OP-ED
    • Opinion
    • Letters to the Editor
  • Events
  • Listings
  • Submit Story
  • Advertise
  • Members
    • Become a GMW Member
    • Membership FAQs
Home » Wilton High-Tech Employer ASML Reports Strong Q2 Earnings
Posted inBusiness, Community, Featured, News, User Submitted Content

Wilton High-Tech Employer ASML Reports Strong Q2 Earnings

by Reader Contributed to GMW July 17, 2020November 28, 2022

Share this:

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on Pinterest (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Reddit (Opens in new window)
  • Click to email a link to a friend (Opens in new window)

The following article was compiled from a press release.

As demonstrated by today’s strong Q2 earnings of 3.3 billion euro net sales at 48.2% gross margin, ASML continues to show why it’s ranked 25th on a list of 100 companies prospering in the pandemic by the Financial Times.

This past quarter wasn’t without its challenges, but ASML Wilton pulled together to maintain the safety of its employees and business continuity. Additionally, it’s already hired 202 new people this year and has more than 100 job openings, of which about 80% are with its Wilton factory that continues to grow in responsibilities as part of the company’s successful global operations.

“Big Data” and “Internet of Things” continues to drive strong semiconductor demand along with the short term increase in demand driven by the new work environment as a result of COVID. ASML is well prepared for another growth year.

Following a visit on July 11, Gov. Ned Lamont said, “Seeing ASML in action was an incredible opportunity. This company is one of our state’s tech ‘gems.’ Their technology is utilized by some of the world’s leading chipmakers like Intel, Samsung, and TSMC. This world-class facility is filled with some of the best talent Connecticut has to offer when it comes to design and engineering, working in a state-of-the-art manufacturing facility. This company represents what’s great about Connecticut, and continues our state’s legacy as an innovation hub. With 1,900 employees, I look forward to seeing ASML’s continued growth in our great state.”

Company officials listed several specific highlights of areas where the company showed strong performance.

  • Experienced initial production disruption due to COVID-19, but recovered to ship record output of critical EUV modules and met or exceeded supply on all key modules in Q2
  • Preemptively segmented manufacturing and additional operations in early March, but immediately shifted non-essential workforce to WFH following Governor’s state order as well as shortened work shift, but paid for complete shift
  • Implemented enhanced safety measures to protect essential employees on-site, as well as daily, weekly and bi-weekly communications touchpoints to inform employees and receive feedback for ongoing improvement
  • Shipped the first next-generation product to the Netherlands securing the future roadmap (April 24)
  • Rolled out augmented reality in a matter of weeks to maintain customer support of its multi-billion-dollar equipment
  • Expanded optical production capabilities with ongoing cleanroom upgrades, new test stands, and polishers, as well as coating systems
  • Continued renovations to Building 50 as well as new cleanroom construction to bring an additional 25,000 square feet manufacturing space for next-generation product development
  • Re-opened all buildings on-campus and brought an additional 12% of employees on-site (July 6)

See more related GMW stories...

Tagged: ASML, Gov. Ned Lamont

Local News is Vital for the Community.

Support daily, Wilton-owned service journalism with a hyper-local focus.

Become a Member

Upcoming Events

Feb 6
January 3 - February 10

WHS Socks for Soldiers Valentine’s Day Collection

Feb 6
January 6 - March 3 Recurring

“Colors” Art Exhibition and Reception at Wilton Library

Feb 7
10:00 am - 11:30 am

Parenting Kids in a Digital World: Pre-School and Elementary Years

Feb 7
7:00 pm - 8:30 pm

Wilton Library Author Talk: Rebecca Hendrickson — Lessons from the Mountain

Feb 8
12:00 pm - 1:30 pm

Wilton Library Readers: ‘Trust’ by Hernan Diaz (Zoom)

View Calendar
  • Facebook
  • Instagram
  • Twitter
  • YouTube

About Us

When Wilton wants info, access and the resources to find out what’s happening and who makes it happen in town, people turn to GOOD Morning Wilton. We’re Wilton’s most trusted source of local news and info.

© 2023 Good Morning Wilton. Proudly powered by Newspack by Automattic Terms of Use
Go to mobile version