ASML obtains licenses to continue chip tool export to China until year end, as Netherlands’ curbs take effect
Published: Sep 01, 2023 11:01 AM
chip Photo:VCG

chip Photo:VCG

As new Dutch export control regulations take effect on Friday, the Netherlands' chipmaking equipment giant ASML told the Global Times on Friday it has obtained licenses to be able to continue shipments of chip tools to China until the end of the year.

"The Dutch licensing authorities have issued the licenses we need as of September 1 to be able to continue shipments of the NXT:2000i and subsequent systems this year," the company said.

Under the new export control rules, we are able to ship these systems until the end of the year, it continued, noting that the company can fulfill contractual obligations to its customers.

"As we stated earlier, we do not expect the export control regulation to have a material impact on our 2023 financial outlook or on our longer-term outlook," it stressed.

On June 30, the Dutch government announced a ministerial order restricting exports of certain advanced semiconductor equipment, a move widely believed to target China due to pressure from the US.

China and the Netherlands have maintained communication on chip equipment export controls. It is hoped all parties including the Netherlands will ensure the legitimate rights and interests of enterprises by holding an objective and fair standing, respecting market principles, respecting contracts, and following international rules and free and open international trade, Shu Jueting, a spokesperson of China's Ministry of Commerce (MOFCOM), said on Thursday.

ASML sells about 80 DUVs to China per year, accounting for around 15 percent of the company's revenue, an analyst said.