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China says “dissatisfied” with new Dutch export controls on ASML chipmaking tools By Reuters

by Reuters
September 8, 2024
in Stock Market
Reading Time: 2 mins read
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BEIJING (Reuters) – China is “dissatisfied” with the Dutch goverment’s determination to develop export controls on ASML (AS:) chipmaking tools, the Chinese language commerce ministry stated in an announcement on Sunday.

The Dutch authorities on Friday stated it could develop export licensing necessities for ASML’s 1970i and 1980i DUV (Deep Ultraviolet) immersion lithography instruments, aligning its guidelines with export restrictions on these machines unilaterally imposed by the US final 12 months.

Beijing has repeatedly criticised Washington’s technique of pressuring allies just like the Netherlands and Japan to affix export controls focusing on Chinese language entry to cutting-edge chips and chipmaking tools.

“Lately, so as to preserve its world hegemony, the US has continued to … coerce sure nations to tighten export management measures for semiconductors and (associated) tools … China is resolutely against this,” China’s commerce ministry stated in response to the Dutch authorities’s announcement on Friday.

The ministry added that the Dutch aspect shouldn’t abuse export controls, keep away from measures that injury Sino-Dutch cooperation in semiconductors, and safeguard the “frequent pursuits of Chinese language and Dutch enterprises.”

U.S. lobbying has successfully stopped ASML, the world’s largest vendor of chipmaking tools, from exporting its most superior lithography techniques to China.

Dutch Commerce Minister Reinette Klever stated on Friday the choice was made “for our security”.





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Tags: ASMLChinachipmakingcontrolsdissatisfiedDutchexportReuterstools
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