Categories: Economy

Government Restricts ASML Exports to China: ‘A Matter of National Security’ Related Articles

The cabinet will impose ASML restrictions on the export of chip machines to China. This was stated by Foreign Trade Minister Liesje Schreinemacher in a letter to the House of Representatives. In De Telegraaf, the minister defines the decision as a ‘matter of national security’.

The cabinet plan is for a general measure to ensure semiconductors do not end up in high-risk countries, but ASML in particular will be affected by export controls.

ASML was already banned from exporting Advanced Chip Machines (EUV) to China. A permit must now be applied for for older models, which in principle prevents export to China.

“Unwanted strategic addiction”

The new regulations should lead the Netherlands to maintain its ‘technological leadership’, the minister also writes in a letter to Parliament. Furthermore, the cabinet also wants to “prevent Dutch goods from contributing to undesirable end uses, such as military deployment or weapons of mass destruction”. The government also hopes to prevent “unwanted strategic dependency” in the long term.

At the end of January it was already leaked that the Netherlands, the United States and Japan had reached an agreement on the export restriction of chip technology to China. Washington has already limited its export of chip technology to China. Americans have also looked to the Netherlands, because ASML is a global leader in chip machine development.

The export restriction does not take effect immediately. The cabinet hopes to have the legal measures in place by the summer.

The cabinet will impose ASML restrictions on the export of chip machines to China. (ANP / Peter Hilz)

Author: BNR web editor
Source: BNR

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