Dutch Government Expands Licensing Rules for ASML Chipmaking Tools Amid U.S. Tensions

The Dutch government has decided to expand export licensing requirements for certain ASML chipmaking equipment, harmonizing its policies with the United States. The move aims to control the export of advanced technology to China. Although ASML doesn't foresee earnings impact, the decision addresses rising safety risks and sovereignty concerns.


Devdiscourse News Desk | Updated: 06-09-2024 14:49 IST | Created: 06-09-2024 14:49 IST
Dutch Government Expands Licensing Rules for ASML Chipmaking Tools Amid U.S. Tensions
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The Dutch government announced on Friday an expansion of export licensing requirements for ASML chipmaking tools. The new rules align Dutch policies with those of the United States, which previously unilaterally regulated these tools to restrict China's access to advanced technology.

ASML, Europe's largest technology firm, stated that this change would not affect its earnings. However, Dutch Trade Minister Reinette Klever emphasized that the decision is crucial for national safety due to rising technological risks.

The updated regulations cover ASML's 1970i and 1980i DUV immersion lithography tools. Dutch sovereignty concerns had been raised, but the decision aims to streamline compliance amid U.S. pressures and ensure the country's export policies are coherent with international safety standards.

(With inputs from agencies.)

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