Netherlands to restrict export of microchip technology to China
Mar 16, 2023
The Hague [Netherlands], March 16: The Netherlands wants to restrict the export of machines for the production of microchips to China for reasons of "(inter)national security," the Trade Minister LiesjeSchreinemacher wrote to parliament in The Hague on Wednesday.The export restrictions concern ASML's new deep ultra violet (DUV) technology for the production of semiconductors. The company from Veldhoven in the south of the Netherlands is the world's only manufacturer of the machines with DUV technology. The regulation is to come into force in the summer. From then on, ASML will have to obtain a licence before exporting these machines. The company pointed out that the planned restrictions would only affect the latest technology.
Source: Qatar Tribune
