ASML CFO Calls DUV Sales Restriction Proposal a Bad Idea
6 Articles
6 Articles
ASML considers the upcoming US export restrictions counterproductive - Chinese solutions could reach the level of ASML's DUV equipment by the end of the decade, which will only harm the Dutch company in the long run. -- balance sheet, other, asml, news,
ASML Likely Fearing China’s Homegrown Equipment Development Drive Risks 20% Of Its Annual Sales, Says U.S. DUV Restrictions Will Do More Harm Than Good
The U.S. MATCH Act could impose further restrictions on China in regards to purchasing DUV equipment and machinery from ASML, but the Dutch manufacturer states that such measures meant to curb the country’s technological progress will be deleterious. Of course, let us not forget that China will account for 20 percent of ASML’s annual sales this year, and its drive to accelerate in-house DUV machinery development will undermine that figure. DUV e…
Key takeaways ASML, the Veldhoven-based manufacturer of lithography systems, has expressed concern regarding a proposed US legislative measure known as the Match Act. Roger Dassen, the company's Chief Financial Officer, described the initiative as disproportionate and expressed the hope that US policymakers would consider the proposal after next […] midterm elections.
Chip machine manufacturer ASML from Veldhoven remains hopeful that further American restrictions on the export of chip technology to China will not be imposed. Chief Financial Officer Roger Dassen is critical of the Match Act proposed in the US Congress, which would allow such restrictions to be enforced. The ASML executive hopes that US politicians will also realize after the midterm elections next month that the proposal is not a good idea. Me…
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