CHINA ASML TOOLS DUTCH GOVERNMENT
Former ASML CEO says US-China chip fight will continue
The recently retired CEO of semiconductor equipment maker ASML said in an interview that discussions between US and China are not being conducted on the basis of facts, data or content but rather on ideology. Since 2018, the US has imposed increasing restrictions on what tools the company can export to China.
The business ties that bind the U.S. and China are strong but fraying
Many big U.S. companies depend on China for a substantial part of their income and rely on Chinese suppliers and factories for their products.
If China invades Taiwan, ASML and TSMC can disable chip machines
ASML Holding NV and Taiwan Semiconductor Manufacturing Co. have measures in place to remotely disable chipmaking machines in the event of a Chinese invasion of Taiwan. The US government has expressed concerns about the impact of such an attack on the global semiconductor supply chain. ASML's advanced EUV machines are crucial in this scenario, with TSMC being a major client. The stakes are high as Taiwan produces around 90% of the world's most advanced chips.
Global chips battle intensifies with $81 billion subsidy surge
The concern over China’s rapid advances in key electronics turned into a full-scale panic during the pandemic because chip shortages emphasised the significance of these tiny devices for economic security.
Xi Jinping among pigeons
Fissures have appeared in the ‘coalition of democracies’ to counter China. Beijing has used this opportunity to try and play itself back in Europe. Xi Jinping is currently on his first trip to Europe in five years, visiting France, Serbia and Hungary. He hopes to navigate the most difficult obstruction - the EU itself - in these conversations
How China's iPhone killer has sharpened its knife
Huawei's technological advancements and market dominance has posed a significant threat to Apple's iPhone in China. Despite US sanctions, Huawei's innovative high-end phones like the Mate 60 series continue to outperform Apple, leading to a decline in Apple's market share.
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ASML Q1 bookings miss forecast, but China sales hold up
ASML faces lower Q1 bookings but stable China sales despite U.S. restrictions. Anticipates 2025 growth due to demand from TSMC, Nvidia, Apple, and new chip plants. Shares dropped to 873.40 euros.
Why maintaining ASML equipment is the new front in US-China chip war
ASML dominates the market for lithography tools - huge expensive, complex machines that perform one step in the chipmaking process, helping to create circuitry.
Targeting Chinese chips, US to push Dutch on ASML service contracts
Washington may also be seeking to add to a list of Chinese chipmaking factories restricted from receiving Dutch equipment as part of the discussions, one of the people said. The Dutch Foreign Ministry confirmed the upcoming meeting but did not elaborate on which topics would be on the agenda.
Dutch government scrambling to keep chipmaker ASML in Netherlands: report
A report in newspaper De Telegraaf said the ministries involved had dubbed the effort "Operation Beethoven," citing unnamed sources. A spokeswoman for the Economic Affairs Ministry said it could not discuss policies toward specific companies.
China seeks military advantage from ASML tools: Dutch government
Dutch trade minister Geoffrey van Leeuwen said that ASML tools are used to make advanced semiconductors that can go into "high-value weapons systems and weapons of mass destruction" and the Dutch government focuses on "the risk of undesirable end use" when reviewing export licensing decisions.
Chipmaker ASML expects US, Dutch export rules to hit China sales by 10-15%
Following a US-led campaign to slow Beijing's technological and military advances, ASML has been restricted from selling its most advanced EUV tool line in China since 2019 and has never sold an EUV tool there.
Dutch tech firm ASML says profits, sales jump in 2023
Dutch tech giant ASML, which supplies chipmaking machines to the semiconductor industry, reported Wednesday a rise in annual net profit despite a high-tech trade spat between China and the West. ASML announced earlier this month that it had been blocked from exporting "a small number" of its advanced machines to China, amid reports of US pressure on the Dutch government.
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".
Netherlands blocks chipmaker ASML's exports to China in partial licence revocation
The company said it does not expect the revocation or the latest US export control restrictions to have a material impact on its financial outlook for 2023.
Dutch chipmaker ASML CEO says he expects demand from China to remain strong
"I don't think we will see a peak this year, I think there will be a significant amount of demand coming out of China for mature technology," Peter Wennink said at a press conference following third quarter results.
As Japan aligns with US chip curbs on China, some in Tokyo feel uneasy
Japan's imposition of export controls on chip making tools to align with a U.S. policy restricting China's ability to produce advanced semiconductors is worrying some officials in Tokyo who believe a combative U.S. approach may hamper coordination and needlessly provoke Beijing.
Chip tech leader ASML sales jump despite US-China spat
Last month, the Netherlands announced that export restrictions on chipmaking will come into force in September.
Dutch government curbs chip equipment exports, brings new laws amid US pressure
The rules, which will require companies that make advanced chipmaking equipment to seek a licence before they can export it, are expected to go into effect on September 1.
Five tools Europe will use to counter China’s geopolitical rise
The European Commission, the EU’s executive arm, will unveil on June 20 its economic security strategy, which will outline business and security risks to the bloc, policy measures it has at its disposal to combat those risks and options for new protective measures.
ASML, Europe’s most valuable tech firm, is at the heart of the US-China chip war
ASML is being treated as a vital infrastructure tool for the National US national security and at the same time, has become a sort of industrial espionage target for China.
Chipmaking tool firms expect boom in China sales despite export rules
This could be a sign that China may be a bigger customer for the industry than expected this year considering its strong demand for less-advanced chips like those used in EVs.
China woos ASML chief as new curbs on chipmaking machines loom
Chinese officials have hosted Apple CEO Tim Cook and Samsung Electronics Chairman Jay this week at the China Development Forum.
China criticises Netherlands' plan to join US in curbing access to chip tools
A foreign ministry spokeswoman Mao Ning complained that "an individual country," a reference to the United States, was trying to "safeguard its own hegemony" by abusing national security as an excuse to "deprive China of its right to development."
Netherlands to restrict semiconductor tech exports to China, joins US effort
The announcement marked the first concrete move by the Dutch, who oversee essential chipmaking technology, toward adopting rules urged by Washington to hobble China's chipmaking industry and slow its military advances.
Dutch government to restrict sales of processor chip tech
Liesje Schreinemacher, the Dutch Minister for Foreign Trade and Development Cooperation, has written to lawmakers outlining the proposed limitations.
Trade war risks increasing, but no 2023 impact on China sales: ASML
In a discussion of risks in its annual report, ASML outlined how it has already been affected by restrictions introduced by the United States government last year, which were aimed at hobbling China's domestic chip-making industry.
Biden nears win as Japan, Dutch back China chip controls
The three countries are home to the most important companies that produce equipment for manufacturing chips, including ASML, Japan’s Tokyo Electron Ltd. and the US’s Applied Materials Inc.
Biden’s chip curbs outdo Trump in forcing world to align on China
In the Netherlands, home of ASML Holding NV, which has a virtual monopoly on a type of machine needed to make the most advanced chips, people familiar with the talks described the US as acting like a bully.
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