Dutch firm ASML has been prohibited by the Dutch government from shipping some of its lithography systems to China, in line with tightened U.S. and Dutch export controls on advanced semiconductor equipment.
ASML’s Export Restrictions
ASML, a Dutch company known for manufacturing crucial machinery for the production of advanced semiconductors, has been blocked from exporting certain lithography systems to China by the Dutch government. The affected systems, the NXT:2050i and NXT:2100i, have had their shipment license partially revoked.
Impact of Export Controls
The export restrictions on ASML’s lithography systems to China come as a result of tightened U.S. and Dutch export controls on advanced semiconductor equipment. Both countries have imposed curbs on the export of such critical machinery, with the U.S. government imposing restrictions in October and the Dutch government introducing its own curbs in June. The restrictions have raised concerns and led to uncertainty in the semiconductor industry.
ASML has acknowledged the impact of the export controls, mentioning that it has obtained further clarification on the scope and impact of the rules through discussions with the U.S. government. The company also stated that it does not anticipate a significant financial impact for 2023 as a result of the revocation of its export license. Despite the challenges, ASML had previously provided a financial outlook for 2023, expecting net sales between 6.7 billion euros ($7.4 billion) and 7.1 billion euros.