ASML

ASML is a global leader in the development, production, marketing, sales, upgrading, and servicing of advanced semiconductor equipment systems. The company's systems consist of lithography, metrology, and inspection systems, which together form a holistic lithography solution. ASML acts as a system architect and integrator, collaborating closely with customers, suppliers, and partners across its innovation ecosystem to innovate the most advanced lithography systems in the world. The company's purpose is to unlock the potential of people and society by pushing technology to new limits.

ASML generates revenue primarily through the sale of integrated patterning solutions for the semiconductor industry. The main portion of net sales is derived from volume purchase agreements (VPAs) with customers, which contain multiple performance obligations including the sales of systems, system-related options and upgrades, installation, training, and extended and enhanced warranties. The company also generates significant revenue from its installed base management portfolio, which includes a wide range of service and field option sales designed to improve throughput, patterning performance, and overlay, thereby optimizing the cost of ownership over a system's lifetime. The company's primary geographic markets are Asia, the US, and Europe, the Middle East, and Africa (EMEA).