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US Wants Dutch Supplier to Stop Selling Chipmaking Gear to China

  • Washington wants to curb Beijing’s plan to foster chip sector
  • Dutch firm is a leading maker of equipment for producing chips
Bloomberg business news
WATCH: The US is said to be pushing the Netherlands to ban ASML from selling chip-making gear to China. Eric Martin reports.Source: Bloomberg
Updated on

The US is pushing the Netherlands to ban ASML Holding NV from selling to China mainstream technology essential in making a large chunk of the world’s chips, expanding its campaign to curb the country’s rise, according to people familiar with the matter.

Washington’s proposed restriction would expand an existing moratorium on the sale of the most advanced systems to China, in an attempt to thwart China’s plans to become a world leader in chip production. If the Netherlands agrees, it would broaden significantly the range and class of chipmaking gear now forbidden from heading to China, potentially dealing a serious blow to Chinese chipmakers from Semiconductor Manufacturing International Corp. to Hua Hong Semiconductor Ltd