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Home»Finance»China says “dissatisfied” with new Dutch export controls on ASML chipmaking tools
Finance

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

September 8, 2024No Comments2 Mins Read
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China says "dissatisfied" with new Dutch export controls on ASML chipmaking tools
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BEIJING (Reuters) – China is “dissatisfied” with the Dutch goverment’s determination to increase export controls on ASML chipmaking tools, the Chinese language commerce ministry mentioned in an announcement on Sunday.

The Dutch authorities on Friday mentioned it will increase 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 america 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, as a way to preserve its world hegemony, america 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 mentioned in response to the Dutch authorities’s announcement on Friday.

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

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

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

(Reporting by Eduardo Baptista; Modifying by Sonali Paul)

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