Mehul Robin DasJan 17, 2023 at 10:23:04 IST
The United States of America has asked a number of countries in Europe and Asia to impose sanctions on Chinese chip manufacturers. The Netherlands has come out, issuing a statement saying it will not briefly accept new US restrictions on the export of chipmaking technology to China, and is consulting with European and Asian allies.
Dutch Trade Minister Lesje Schrenmacher said Sunday that he expects Dutch Prime Minister Mark Rutte to discuss export policy with President Joe Biden when Prime Minister Rutte visits the United States.
But in fact, the Netherlands has stopped ASML Holding from shipping its most advanced machines to China and only allows them to sell machines and technology that were manufactured before 2019.
Dutch government ASML has been denied permission to ship its most advanced machines to China since 2019 After a pressure campaign by the Trump administration, however, ASML sold €2 billion worth of old machinery to China in 2021.
The US took action in October to limit China’s ability to produce its own chips, US trade officials said at the time. The Netherlands and Japan are expected to follow suit soon. ASML said that if the US-proposed rules go into effect, they could affect approximately 5 percent of its group’s sales.
According to Schreinemacher, the United States has “legitimate concerns” about its over-reliance on Asia, where 80 percent of its advanced silicon wafers are produced, and that he agrees that these products could be used against the Netherlands or in military applications against its allies.
“We were talking to Americans for a long time, but they came up with new rules In October, until that changes the playing field,” Schrenemacher said. “So you can’t say they’ve been putting pressure on us for two years and now we have to sign on the dotted line. And we won’t do that.”
Schrenemacher said her team is also talking to counterparts in Japan, South Korea, Taiwan, Germany and France about how to handle the situation.
Schreinemacher stressed the fact that Germany has a financial interest because it is an important supplier to ASML and to make sure that if it puts a certain technology on the list of products that cannot be easily exported to China, other countries will do the same and more importantly abide by the rules.”