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Dutch Urged to Stall Chip Equipment Exports to China – WSJ

The US is pressing the Netherlands to stop the sale of key semiconductor-manufacturing equipment to China on concern the communist nation will use it to threaten American security, paper says.


China chip industry illustration
Beijing is aiming to develop 70% semiconductor self-sufficiency by 2025 as part of the Xi Jinping government’s Made in China 2025 campaign. Photo: Reuters

 

The US is pressuring the Netherlands to prevent the sale of key semiconductor-manufacturing equipment to China on concern the communist nation would use it to threaten American security, the Wall Street Journal has reported.

ASML Holding makes extreme ultraviolet lithography systems but China’s application for an export license to buy them has been held back by the Hague at the request of the White House, the report states. China is seeking to build its own chip-making capabilities as US sanctions prevent it from buying the devices from leading suppliers in Taiwan and South Korea.

Read the full story: Wall Street Journal.

Mark McCord

Mark McCord is a financial journalist with more than three decades experience writing and editing at global news wires including Bloomberg and AFP, as well as daily newspapers in Hong Kong, Sydney and Melbourne. He has covered some of the biggest breaking news events in recent years including the Enron scandal, the New York terrorist attacks and the Iraq War. He is based in the UK. You can tweet to Mark at @MarkMcC64371550.