{"id":435089,"date":"2023-01-29T10:43:53","date_gmt":"2023-01-29T09:43:53","guid":{"rendered":"https:\/\/innovationorigins.com\/?p=435089"},"modified":"2023-01-29T10:43:53","modified_gmt":"2023-01-29T09:43:53","slug":"asmls-growth-is-unprecedented-with-10000-new-employees-in-2022","status":"publish","type":"post","link":"https:\/\/ioplus.nl\/archive\/en\/asmls-growth-is-unprecedented-with-10000-new-employees-in-2022\/","title":{"rendered":"ASML&#8217;s growth is unprecedented, with 10,000 new employees in 2022"},"content":{"rendered":"\n<details class=\"io-block io-block__expanded-box\"><summary class=\"expanded-box__header\">Why we write about this topic:<\/summary><div>  <p class=\"expanded-box__content\">ASML reported record-breaking annual results over 2022. Sander Hofman, media manager at <a href=\"http:\/\/asml.com\" target=\"_blank\" rel=\"noreferrer noopener\">ASML<\/a>, offers us insights from within the company. Sander published his thoughts as the first part of his weekly newsletter, &#8216;<a href=\"https:\/\/alwaysbecurious.substack.com\/?r=1vk0w8&amp;utm_campaign=pub&amp;utm_medium=web\" target=\"_blank\" rel=\"noreferrer noopener\">Always Be Curious<\/a>&#8216;, which looks at relevant sci-tech news. Be sure to subscribe, you won&#8217;t regret it if you&#8217;re interested in what Innovation Origins also reports about.<\/p><\/div><\/details>\n\n\n\n<p>This week, ASML reported its Q4 and full-year 2022 <a href=\"https:\/\/innovationorigins.com\/en\/selected\/dutch-asml-books-record-sales-over-2022-and-expects-an-even-better-2023\/\" target=\"_blank\" rel=\"noreferrer noopener\">financial results<\/a>. And with\u00a0<a href=\"https:\/\/substack.com\/redirect\/4a3dee37-7a7b-4def-97a2-6bcc0be623d1?j=eyJ1IjoiNXZrMzAifQ.oYx7Y8jyF6hYTpSJLyUt-vnnEGg19cTg1rOMwN5EHso\" target=\"_blank\" rel=\"noreferrer noopener\">fifteen years under my belt<\/a>\u00a0at this company and knowing where we come from &#8211; I sometimes have to pinch myself when I see these earnings.\u00a0<\/p>\n\n\n\n<p>For ASML, 2022 was another strong year with net sales of just over \u20ac21 billion.&nbsp;ASML\u2019s revenue has been rising steadily, ticking up from \u20ac10.9 billion just 5 years ago. And the future looks bright, too: with the chip industry\u2019s value doubling towards the end of this decade and lithography continuing to play a critical role in chip innovation, we expect our revenue to grow further to somewhere between \u20ac44 billion and \u20ac60 billion by 2030. Holy smokes.&nbsp;<\/p>\n\n\n\n<p>Then there\u2019s our order book. By the end of last year, ASML had a record backlog of a seriously staggering \u20ac40.4 billion. That\u2019s twice our current revenue. We\u2019re sold out for a while, folks.&nbsp;<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>We\u2019re sold out for a while, folks.<\/p>\n<cite>Sander Hofman<\/cite><\/blockquote>\n\n\n\n<p>And we\u2019ve also been growing our headcount: more than 10,000 (!) people joined ASML last year.&nbsp;<\/p>\n\n\n\n<p>This has been quite in-your-face growth, at least in Veldhoven, Netherlands, where I&#8217;m based: every first Monday of the month, there are long lines of people at the badging desk and the laptop pick-up point. And the office buildings have been getting visibly busier.<\/p>\n\n\n\n<p>Of course, we also see uncertainty in the market, caused by inflation, rising interest rates, the risk of recession, and geopolitical developments. But our customers indicate that they expect the market to rebound relatively quickly. And since it currently takes over half a year from ordering a lithography system to getting it in your fab, chipmakers don\u2019t want to lose their place in line to get their new lithography systems. Instead, they want to be ready for the industry\u2019s upturn later this year or early 2024.&nbsp;<\/p>\n\n\n\n<p><em>More in Sander&#8217;s newsletter <a href=\"https:\/\/alwaysbecurious.substack.com\/?r=1vk0w8&amp;utm_campaign=pub&amp;utm_medium=web\" target=\"_blank\" rel=\"noreferrer noopener\">Always Be Curious<\/a>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>This week, ASML reported its Q4 and full-year 2022 financial results. And with\u00a0fifteen years under my belt\u00a0at this company and knowing where we come from &#8211; I sometimes have to pinch myself when I see these earnings.\u00a0 For ASML, 2022 was another strong year with net sales of just over \u20ac21 billion.&nbsp;ASML\u2019s revenue has been [&hellip;]<\/p>\n","protected":false},"author":2581,"featured_media":304249,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"advgb_blocks_editor_width":"","advgb_blocks_columns_visual_guide":"","footnotes":""},"categories":[8553],"tags":[5205],"location":[6763],"article_type":[55242],"serie":[],"archives":[],"internal_archives":[],"reboot-archive":[],"class_list":["post-435089","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-digital","tag-asml-en","location-netherlands","article_type-column"],"blocksy_meta":[],"acf":{"subtitle":"Net sales of over \u20ac21 billion, a backlog of \u20ac40.4 billion, revenue expectations of \u20ac44 to \u20ac60 billion in 2030: ASML is piling up records.","text_display_homepage":false},"author_meta":{"display_name":"Sander Hofman","author_link":"https:\/\/ioplus.nl\/archive\/author\/sander-hofman\/"},"featured_img":null,"coauthors":[],"tax_additional":{"categories":{"linked":["<a href=\"https:\/\/ioplus.nl\/archive\/en\/category\/digital\/\" class=\"advgb-post-tax-term\">Digital<\/a>"],"unlinked":["<span class=\"advgb-post-tax-term\">Digital<\/span>"]},"tags":{"linked":["<a href=\"https:\/\/ioplus.nl\/archive\/en\/category\/digital\/\" class=\"advgb-post-tax-term\">asml<\/a>"],"unlinked":["<span class=\"advgb-post-tax-term\">asml<\/span>"]}},"comment_count":"0","relative_dates":{"created":"Posted 3 years ago","modified":"Updated 3 years ago"},"absolute_dates":{"created":"Posted on January 29, 2023","modified":"Updated on January 29, 2023"},"absolute_dates_time":{"created":"Posted on January 29, 2023 10:43 am","modified":"Updated on January 29, 2023 10:43 am"},"featured_img_caption":"","series_order":"","_links":{"self":[{"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/posts\/435089","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/users\/2581"}],"replies":[{"embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/comments?post=435089"}],"version-history":[{"count":0,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/posts\/435089\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/media?parent=435089"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/categories?post=435089"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/tags?post=435089"},{"taxonomy":"location","embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/location?post=435089"},{"taxonomy":"article_type","embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/article_type?post=435089"},{"taxonomy":"serie","embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/serie?post=435089"},{"taxonomy":"archives","embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/archives?post=435089"},{"taxonomy":"internal_archives","embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/internal_archives?post=435089"},{"taxonomy":"reboot-archive","embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/reboot-archive?post=435089"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}