‘Netherlands strengthens chip export restrictions at request of US’
Insiders say the Netherlands is poised to introduce new restrictions on chip and equipment exports to China. US and Dutch officials have been discussing the restrictions in Washington since Thursday. The negotiations are expected to conclude later today.
The outcome has not yet been confirmed b... 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 ministers 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
Nexperia lawyers up to fight UK’s ban on fab acquisition
The chipmaker says it is "shocked" by the UK government's ban on its deal to buy Britain's largest fab facility.
Nexperia has engaged US law firm Akin Gump to fight the UK's ban on their purchase of the Newport Wafer Fab. The facility, which is Britain's largest chip factory, was sold to Nexperi... Read more
Dutch IT firms resist anti-Chinese law
Tech companies in the Netherlands are concerned about government measures to bar advanced technology from Chinese firms. Various national industry associations objected to a recently introduced law.
With the parliament's approval secured, the law will allow the national government to investigate... Read more
ASM International feels pressure from US bans on exports to China
ASM International CEO Benjamin Loh expects lower sales due to US restrictions on exports of chip manufacturing equipment to China.
ASM International (ASMI) is a Netherlands-based chip equipment manufacturer. CEO Benjamin Loh recently cautioned that the Netherlands and Japanese governments are u... Read more
‘The future of UK tech rests on developing high-end companies’
The president of the Confederation of British Industry (CIB) said that the future of UK tech rests on the development of high-end companies.
In a recent speech, CIB president Brian McBride urged the United Kingdom to emulate the US and explore the development of "decacorns" — companies with t... Read more
Europe needs ‘unwavering unity’ against China and US in space
French Economy minister Bruno Le Maire stated that Europe must stand together to compete with China and the US in space.
According to Le Maire, Europe has to increase its strategic autonomy in order to challenge countries like the United States and China.
The minister said that governments ne... Read more
‘Germany needs to reduce its dependency on China’, minister says
Berlin wants to broaden its commercial interests in Asia while becoming less reliant on China, German Economy Minister Robert Habeck told Deutsche Welle on Sunday. "We are, of course, interested in trade with China, but not in stupid trade with China", Habeck said.
He claimed that Russia's invas... Read more