Besi Shares Fall 3% After Report of ASML Rival Product
Besi shares fell 3% Friday after SemiAnalysis reported that ASML is working on a rival hybrid bonding product.
Shares in computer chip packaging equipment maker BE Semiconductor Industries (Besi) EURONEXT:BESI fell 3% on Friday. The move followed a SemiAnalysis report that one of Besi’s main growth products will face competition from larger rival ASML EURONEXT:ASML.