WSJ Opinion: Joe Manchin for President? - News Summed Up

WSJ Opinion: Joe Manchin for President?


ReutersThe Dutch government has not yet defined crucial aspects of new restrictions on chip-technology exports to China including whether ASML Holding NV can service chip-printing machines the company has already sold in the country. Schreinmacher's remarks highlight that, while the plan announced by the Dutch on Wednesday puts the Netherlands in broad alignment with U.S. goals of undermining China's ability to make cutting-edge chips, ASML and its Chinese customers still do not know exactly how it will affect their businesses. The Dutch firm, Europe's largest technology by market capitalization, had 14% of its sales in China in 2022 and has sold more than 8 billion euros ($8.46 billion) worth of chip lithography equipment in China over the past decade.


Source: Wall Street Journal March 08, 2023 23:36 UTC



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