Chip Equipment Giant ASML Says Some Sales to China Don’t Require U.S. License
By
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ASML CFO Roger Dassen.
ASML doesn’t require a special U.S. export license to ship its less-advanced microchip-making equipment from its Dutch headquarters directly to customers in China, its CEO said, even as Washington has reportedly tried to limit the company’s sales to the Asian country.
ASML CEO Peter Wennink made his comments as his company — one of only a handful capable of making equipment to produce the world’s most advanced microchips — becomes increasingly caught up in Washington’s ongoing battle to stymie Beijing’s aspirations to build China into a world-class maker of the products that are central components to most electronic gadgets.
Washington has used its muscle to stop most U.S. suppliers from providing China the hardware, software and other services it needs to build up its chip sector. It has also used indirect pressure on non-American companies, such as working with allied governments and also by threatening to cut off such firms from their American business partners if they sell to China.
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