The Dutch Ministry of Defense banned the export of ASML 850 scanning software to China in 2020, despite the strong presence of the Dutch Ministry of Defense

Excerpts from official documents released in local media confirm that the 2020 ban on the shipment of advanced lithographic equipment from the Netherlands to China was imposed at the urging of the US Embassy, ​​which returned it to US authorities. In the near future, the Dutch government should further restrict the shipment of ASML devices to China.

Photo source: ASML.

The export of ASML devices to China should be restricted for the foreseeable future, and corresponding national safety negotiations are currently underway for the Netherlands and the USA. The news for the stock market will overshadow the impact of the latest quarterly financial report, which is expected to start next week. The company now gets up to 15 percent of its total profits from China, and the local market continues to grow rapidly.

We recall that in October of this year the US government imposed its own additional export restrictions on China, and now they’ve convinced the Netherlands and Japan to join the rage of the same kind of countries. Officials in the Netherlands try to take into account the economic interests of national equipment suppliers, the largest of which is ASML. Speaking at the OECD conference yesterday, Minister Kryper Kaidsz-Kasdaw, a spokeswoman for the World Trade Council (WEF), explained how there is serious international pressure that I will fight for free trade principles and against protectionism.

The national authorities are now trying to find a way to avoid further restrictions on trade with the Netherlands. Second, these restrictions should be synchronized with Japan. Third, you must ensure that the new restrictions do not shake up the world market for semiconductor components, which is not yet in the best of shape.

Analysts expect ASML to post $1.68 billion in net income and record $6.37 billion in revenue in the most recent quarter. In November, the company’s management raised its annual revenue forecast by 25%, and the company expects to receive at least €30 billion annually through 2030. Only US sanctions could reduce ASML orders by 5%, but if the Netherlands tightens its restrictions on the side, the losses could be bigger.

Until 2014, China’s supply of equipment for lithography using DUV was limited, but once the ban was lifted, ASML managed to gain more than 8 billion euros in this direction. There is a possibility that such restrictions will return.

From Financieele Dagblad’s revelations, it became known that the Dutch authorities ignored the local government’s advice on the basis of the local government’s advice on how to avoid EUV lithography equipment shipments to China. According to representatives of the Dutch Ministry of Defense, the chances of one of the two NATO countries defending themselves against advanced weapons manufactured by a potential adversary would have increased several times if the supply of such equipment to China had not been stopped. Despite the document, the most important strategic partner in the security field (USA) has issued an urgent request to the Netherlands and its authorities to prevent the export of EUV lithography to China.

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