Bloomberg: The Netherlands and Japan are about to limit chip exports to China


Photo: ANP

The Netherlands and Japan are close to concluding an agreement with the United States on limiting the export of chip technology to China. According to Bloomberg News opposition sources, it is possible that the export restrictions for the Netherlands and Japan will be completed by the end of this month. Both countries are major players when it comes to quality chip equipment.

Prime Minister Mark Rutte and his Japanese colleague Fumio Kishida discussed this issue with US President Joe Biden. Rota was still at the White House on Tuesday, as export restrictions were discussed. The US government took unilateral measures in October to limit the export of highly advanced semiconductor and semiconductor technology to China. Supply to China by US companies is no longer permitted. Americans are no longer allowed to participate in this.

Holland is one of the most important suppliers of machinery used in the production of chips in the world. But the Americans want to limit the export of ASML chip machines to China. This concerns not only more modern EUV machines from ASML, whose export to China has already been suspended, but also somewhat older machines that are manufactured using DUV technology. Japan has important chip companies such as Tokyo Electron and Renesas.

Rutte told Bloomberg at the World Economic Forum in Davos on Thursday that he was confident a deal could be reached. On Tuesday, he had already announced that the consultations on chip exports to China could be “completed in a good way.”

See also  The International Monetary Fund sounds the alarm on the British government's tax plan: 'increasing inequality'

Leave a Reply

Your email address will not be published.