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US-China tech war: Dutch chip tool giant ASML says geopolitics, new export curbs remain risks

The firm says it faces new competition from rival companies ‘driven by the ambition of self-sufficiency in the geopolitical context’.

ASML says geopolitics, new export restrictions remain risks, Telecom News, ET Telecom

Those include Dutch licensing requirements for most of ASML s advanced product lines, as well as a unilateral move by the U.S. in October 2023 to restrict exports of older equipment to unspecified Chinese plants.

ASML says geopolitics, new export restrictions remain risks

ASML, the largest supplier of equipment to computer chip makers, said on Wednesday that geopolitical tensions and any expansion of a U.S.-led campaign to restrict its exports to China remain business risks. In its annual report published on Wednesday, the Dutch company flagged the growing list of restrictions imposed by the United States, mostly with the assent of the Dutch government. Those include Dutch licensing requirements for most of ASML's advanced product lines, as well as a unilateral m

ASML Says Geopolitics, New Export Restrictions Remain Risks

ASML Says Geopolitics, New Export Restrictions Remain Risks
usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.

asml exports netherlands ban: Beijing criticises Netherlands move to block ASML exports to China

Asked about the Dutch government s move, Chinese foreign ministry spokesman Wang Wenbin on Tuesday urged the Netherlands "to be impartial, respect market principles and the law, take practical actions to protect the common interests of both countries and their companies and maintain the stability of international supply chains".

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