The embargo on China hits the Netherlands

Dutch chip equipment manufacturer ASML, which doubled its value in the global chip crisis and reached 300 billion dollars, is getting its share from the global economic crisis. The firm gradually began to criticize the Chinese embargo. Supplying ASML China...
 The embargo on China hits the Netherlands
READING NOW The embargo on China hits the Netherlands
Dutch chip equipment manufacturer ASML, which doubled its value in the global chip crisis and reached 300 billion dollars, is getting its share from the global economic crisis. The firm gradually began to criticize the Chinese embargo.

ASML wants to supply to China

Dutch ASML is the only manufacturer of casting machines based on EUV technology that enables more efficient chip production. These 200-ton devices contain 100 thousand parts and the price is 150 million dollars. However, China is prohibited from accessing these machines.

Casting machines with slightly less efficient DUV technology are produced by giants such as Canon and Nikon besides ASML. China has access to these devices, but ASML is struggling a bit due to competition.

Despite the embargo, China has a dozen companies designing off-the-shelf chips. Again under the embargo, SMIC somehow managed to switch to the 7nm production process. The Chinese chip industry, which is trying to gradually establish its ecosystem, will become a very important income source. As a result, the Dutch government does not want to miss the opportunity.

Government officials are fed up with the endless embargoes. He says that in line with the interests of the country, trade with China should be restored, because in the current situation, income losses harm their interests. At the G-20 meeting, Chinese President Xi had a meeting with the Dutch Prime Minister on this issue. If the US insists that China is carrying out state-sponsored cyber spying activities, interests say something else.

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