News Snapshot:
LONDON, Nov 30 (Reuters Breakingviews) - For a $278 billion company that plays a key role in the world’s chipmaking industry, ASML’s (ASML.AS) succession has been far from dramatic. On Thursday the Dutch group said Chief Executive Peter Wennink is retiring after a decade at the helm. Christophe Fouquet, current chief business officer and a French national, will take over next April. ASML has had an extraordinary run under Wennink. The Veldhoven-based group dominates the market for lithography equipment, a key tool for making microchips used to power everything from smartphones to cars. Demand for its kit has seen ASML’s...
