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Find out the latest news about ASML and US sanctions.
Dutch Trade Minister Liesje Schreinemacher said during a parliamentary debate that the Cabinet is not opposed to new US regulations on Europe's largest technology company, but "this issue should be addressed in a more European way."
Last week, the United States announced new rules giving Washington the right to restrict the export of the Twinscan NXT1930Di machine, manufactured by Veldhoven-headquartered ASML, if it contains any American components.
The deep ultraviolet (DUV) lithography machine can be used to produce both relatively advanced computer chips, as well as middle-and old-generation chips. US policy is aimed at slowing down China's technological and military progress.
ASML said it will comply with U.S. regulations and believes that in practice, the new restrictions will only apply to tools for a small number of Chinese factories capable of producing "advanced semiconductors."
Since 2019, the US has been pressuring the Dutch government not to export its most advanced machines to China, and in June the Dutch government introduced its own licensing requirements for less advanced machines. These requirements do not apply to the 1980di tool.
ASML dominates the market for lithography equipment, which is used by chip manufacturers such as TSMC, Samsung, and Intel to create chip designs. China is historically the third largest ASML market after Taiwan and South Korea.
Schreinemacher noted that the Netherlands has so far negotiated with the US alone over the restrictions, but "naturally, it is better to do this in coordination with other EU member states."
"I have had several conversations with my colleagues from other countries on this issue," she said, including European Trade Commissioner Valdis Dombrovskis and Internal Market Commissioner Thierry Breton.
Dutch Trade Minister Liesje Schreinemacher said during a parliamentary debate that the Cabinet is not opposed to new US regulations on Europe's largest technology company, but "this issue should be addressed in a more European way."
Last week, the United States announced new rules giving Washington the right to restrict the export of the Twinscan NXT1930Di machine, manufactured by Veldhoven-headquartered ASML, if it contains any American components.
The deep ultraviolet (DUV) lithography machine can be used to produce both relatively advanced computer chips, as well as middle-and old-generation chips. US policy is aimed at slowing down China's technological and military progress.
ASML said it will comply with U.S. regulations and believes that in practice, the new restrictions will only apply to tools for a small number of Chinese factories capable of producing "advanced semiconductors."
Since 2019, the US has been pressuring the Dutch government not to export its most advanced machines to China, and in June the Dutch government introduced its own licensing requirements for less advanced machines. These requirements do not apply to the 1980di tool.
ASML dominates the market for lithography equipment, which is used by chip manufacturers such as TSMC, Samsung, and Intel to create chip designs. China is historically the third largest ASML market after Taiwan and South Korea.
Schreinemacher noted that the Netherlands has so far negotiated with the US alone over the restrictions, but "naturally, it is better to do this in coordination with other EU member states."
"I have had several conversations with my colleagues from other countries on this issue," she said, including European Trade Commissioner Valdis Dombrovskis and Internal Market Commissioner Thierry Breton.
