Mmastodon TechnologySemiconductors first seen 14 h ago, last 44 min ago, peak #3

Dutch PM Jetten urges Washington to spare ASML's China business

Original: Dutch Prime Minister Rob Jetten is pressing Washington to avoid another round of export restrictions on ASML's China bus

Dutch Prime Minister Rob Jetten is pressing Washington to avoid another round of export restrictions on ASML's China business. The appeal comes as US lawmakers pursue legislation that could tighten controls on the chip-equipment maker's immersion lithography systems and its servicing activities in China. The dispute puts the Netherlands between American security concerns and the interests of its most valuable technology company, and observers are watching whether the new US Congress moves ahead with the measures.

Why now: New US legislative proposals could further restrict ASML's lucrative China sales and servicing, prompting Dutch diplomatic intervention.

Rob JettenASMLWashingtonNetherlandsChina

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• Dutch Prime Minister Rob Jetten is pressing Washington to avoid another round of export restrictions on ASML's China business as US lawmakers pursue legislation that could tighten controls on the chip-equipment maker's immersion lithography systems and servicing activities.… · sipirtu · 2

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