ASML to Face New Export Restrictions to China as Soon as June 30
- Measures restrict sale of semiconductor technology to China
- Follows pressure from US to help curb China’s chip industry
Employees assemble a lithography machine at an ASML factory in Veldhoven, Netherlands.
Photographer: Jasper Juinen/Bloomberg
The Dutch government is planning to publish new export controls that will restrict more of ASML Holding NV’s chipmaking machines from being sent to China as soon as next week, according to people familiar with the matter.
The measures, which the government previously pledged to publish before the summer, won’t mention China or ASML but are designed to restrict the shipments of three models of the company’s machines to the Asian country, Bloomberg previously reported. Lawmakers crafted the export-control regulation as a blueprint that can be used by other European Union member states and aim to publish it as soon as June 30 or in the first week of July, people familiar with the situation said, asking not to be identified because the plans aren’t public.