Netherlands Blocks ASML Exports To China

Chip machine manufacturer ASML has stated that the Dutch government had partially revoked an export license for the shipment of some chip-making equipment to China, following US export restrictions, as reported by Reuters.

ASML dominates the market for lithography systems, which use lasers to help create chip circuitry. I Photo: ASML Facebook

The Veldhoven, Netherlands-based company mentioned that shipments included certain lithography systems.

"A license for the shipment of NXT:2050i and NXT:2100i lithography systems in 2023 has recently been partially revoked by the Dutch government, impacting a small number of customers in China," the company said.

ASML dominates the market for lithography systems, which use lasers to help create chip circuitry.

The company stated it does not expect the revocation or the latest US export control restrictions to have a material impact on its financial outlook for 2023. In recent years, China has been ASML's third-largest market after Taiwan and South Korea, but it was the biggest in the third quarter of 2023, with 46% of the company's sales.

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