Business Jul 1, 2023
ASML hit with new Dutch limits on chip gear exports to China
The new export-control regulation will force ASML to apply for export licenses for shipment of some advanced deep ultraviolet lithography systems.
The new export-control regulation will force ASML to apply for export licenses for shipment of some advanced deep ultraviolet lithography systems.
About 320,000 more people will reach retirement age this year than become adults, meaning the German economy will lose workers while also having to pay more for pensions.
The tech firm practically owns the market for a critical piece of equipment needed to produce the brains of everything that makes modern life possible.
After new revelations about data theft linked to China, questions are now mounting over the risks associated with doing business with the country as calls for new controls grow.
The Japanese and Dutch export controls may be agreed to and finalized as soon as the end of January, although they are not expected to go as far as Washington's measures.
Japan will likely announce soon that it will adopt at least some of the measures the U.S. rolled out in October to restrict the sale of advanced semiconductor manufacturing equipment.
The move is a step toward bulking up U.S. efforts to limit Beijing’s chipmaking and military ambitions.