ASML Reaffirms Commitment to China Market Amid Chip Restrictions
Dutch semiconductor equipment giant ASML has reaffirmed its commitment to continuing business operations in mainland China, despite increasing international restrictions on advanced chip technology. Speaking at the opening of the 7th China International Import Expo (CIIE), the company emphasized its thirty-year presence in the Chinese market since 1988. ASML clarified that its current business focus in China is limited to mature process technologies used for mainstream chip production, adhering strictly to applicable laws and regulations. During the expo, ASML showcased several deep ultraviolet (DUV) lithography machines, including the NXT:1470, NXT:870, and XT:260 models, alongside the eScan 1100 metrology tool. Financial data from ASML’s third-quarter report highlights the critical importance of this market, with mainland China accounting for 47% of the company’s global revenue for the quarter. This marks the sixth consecutive year ASML has participated in the CIIE, signaling its intent to maintain strong commercial ties with Chinese clients while navigating the complex geopolitical landscape surrounding semiconductor supply chains and export controls.
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ASML Reaffirms Commitment to China Market Amid Chip Restrictions
Dutch semiconductor equipment giant ASML has reaffirmed its commitment to continuing business operations in mainland China, despite increasing international restrictions on advanced chip technology. Speaking at the opening of the 7th China International Import Expo (CIIE), the company emphasized its thirty-year presence in the Chinese market since 1988. ASML clarified that its current business focus in China is limited to mature process technologies used for mainstream chip production, adhering strictly to applicable laws and regulations. During the expo, ASML showcased several deep ultraviolet (DUV) lithography machines, including the NXT:1470, NXT:870, and XT:260 models, alongside the eScan 1100 metrology tool. Financial data from ASML’s third-quarter report highlights the critical importance of this market, with mainland China accounting for 47% of the company’s global revenue for the quarter. This marks the sixth consecutive year ASML has participated in the CIIE, signaling its intent to maintain strong commercial ties with Chinese clients while navigating the complex geopolitical landscape surrounding semiconductor supply chains and export controls.
TechNode