ASML informs that it will continue to send its EUV machines to China
The pressure of the United States towards China increases, blocking the advance of the latter in the technological field. The United States prohibits any product that uses American technology from being sold to China. The Dutch ASML, which manufactures 90% of the machines that make EUV chips, have stated that they do not need US licenses to send their machines to China.
Currently the three manufacturers of machines for manufacturing processors are the Dutch ASML and the Japanese Nikon and Canon. ASML solutions are the best on the market and represent 90% of all these machines. In addition, EUV technology is only offered by ASML, so currently the Dutch company could say that it has a monopoly on this technology.
[amazon box=»B07SXMZLPK» title=»AMD Ryzen 7 3700X» star_rating=»none» template=»table»]China will continue to receive ASML machines despite the US veto
During an interview, Roger Dassen, CFO of ASML, made a statement that has not left anyone indifferent. Specifically, he said: "ASML can export DUV (deep ultraviolet) lithography machines from the Netherlands to China without the need for a US license"
While Dassen mentions the DUV lithographic process, it would also be applicable to the EUV process, which is more advanced. Although it is not all that simple, since some systems or parts are imported from the United States. This implies that the United States should approve the distribution of these machines to China.
The United States can only block domestically produced semiconductors and machines. The Netherlands would be left out of this, since it is in Europe and the United States does not have any powers. Although the United States could impose restrictions on DUV machines, which are those that carry American parts. Despite everything, ASML wants to continue offering services and support to its customers, especially to China, which is demanding a lot of machinery.
AML recently released the company's third quarter financial results, indicating that China accounted for 21% of revenue. So it stands to reason that ASML is quite concerned about these restrictions.
Also indicate that according to the General Administration of Customs, between January and August of this year China imported 333.460 million dollars in integrated circuits. This represents a 22.5% increase compared to the same period in 2019.
[irp]Source: MD
