Netherlands Considers ASML's Interests Amid China Export Restrictions

Reported about 1 month ago

The Dutch government, led by Prime Minister Dick Schoof, is weighing ASML's economic interests in the context of potential new export restrictions on the company's chip-making equipment to China. Schoof emphasized the importance of ASML to the Dutch economy, noting that while there are risks associated with exports, ASML must not suffer as it is crucial for its global standing. ASML relies heavily on Chinese markets, which constitute a significant portion of its business.

Source: YAHOO

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