‘ASML suppliers consider production sites outside China’
ASML suppliers may be planning to set up production sites in Asian countries other than China.
That is what Reuters writes based on sources and documents from the Brabant Development Company and Brainport. Reuters states that the opening of sites elsewhere in the Asian region may be part of a l... Read more
ASML opens additional office in the Netherlands
ASML is opening an office in Den Bosch, in the south of the Netherlands, a regional newspaper reports. It will offer a place to work for hundreds of people.
The new office is intended for employees from the region of the Noord-Brabant (one of the provinces of the Netherlands) capital who want t... Read more
Dutch government restricts export of ASML chip machines to China
Dutch government further restricts export of Dutch chip machines to China. ASML is allowed to export less advanced chip machines to China.
This writes Foreign Trade Minister Liesje Schreinemacher in a letter to the House of Representatives. The minister called it a matter of national security in... Read more
ASML CEO foresees risk of intellectual property theft
More export sanctions against China could lead to an increase in theft of ASML's intellectual property. The company will have to arm itself more against this, says CEO Peter Wennink in an interview with the Financial Times.
According to the CEO, ASML must invest more in security in the coming ye... Read more
Investigations launched into spying by Chinese ex-employee ASML
Investigations have been launched in the Netherlands, as well as in the US, into a Chinese ex-employee of ASML. The former employee is alleged to have been guilty of stealing intellectual property from the chip manufacturing giant. It is being investigated whether this person has ties to the Chines... Read more
Former Chinese employee steals sensitive data from ASML
A former Chinese employee stole sensitive company information in 2022, chip machine manufacturer ASML reported the theft in its annual report over the past year. Specifically, this includes intellectual property involving ASML's most advanced EUV technology.
In its recently published 2022 annual... Read more
Dutch delegation returns to US to discuss chip exports to China
The Biden Administration wants to throttle the export of Dutch chipmaking systems to China. Prime minister Mark Rutte recently discussed the topic in a meeting with president Joe Biden, but no agreements were made. That may change when the Dutch return to Washington come Friday.
Dutch and U... Read more
ASML faces 2023 with confidence
In spite of chip export bans and international turmoil, ASML is optimistic about this year's sales. The organization showed confidence during the presentation of its most recent quarterly and annual figures.
The chip industry giant generated sales of €6.4 billion in the fourth quarter of last... Read more
Dutch PM to discuss ASML and export bans with president Biden
Dutch prime minister Mark Rutte and foreign minister Wopke Hoekstra will raise the subject of ASML and US trade bans during a meeting with US President Joe Biden next week, according to the Financial Times.
The Financial Times reports that the Dutch delegation intends to discuss US export bans ... Read more
ASML CEO questions export restrictions: ‘we have already sacrificed’
CEO Peter Wennink is concerned that further bans on advanced chip manufacturing machine exports to China will force ASML to sacrifice too much.
The CEO shared the statement in an interview with Dutch media. According to Wennink, the restrictions that the US is trying to push on the Dutch govern... Read more