Arab Press

بالشعب و للشعب
Friday, Mar 24, 2023

China hits out at Dutch plan to limit export of semiconductor tech

China hits out at Dutch plan to limit export of semiconductor tech

Semiconductors are a vital part of the manufacturing process for everything from military hardware to PlayStations - and a global shortage during pandemic lockdowns proved just how crucial they are to modern supply chains.

China has criticised a Dutch plan to restrict the export of semiconductor equipment - a vital part of the high-tech supply chain.

The Netherlands' government announced on Wednesday it would introduce limits to "protect national security", following similar measures brought by the US last year.

For the American curbs to be effective, other key suppliers had to be on board - and the Netherlands is home to a major supplier to semiconductor manufacturers.

ASML - Europe's biggest tech firm, based in Veldhoven - has sold more than €8bn (£7.1bn) of advanced machinery used to make semiconductors to Chinese customers since 2014.

The microchips are key to everything from military hardware to the smartphone in your pocket, and are a key battleground in the US and China's increasingly bitter trading relationship.

A global shortage during pandemic lockdowns led to car factories being closed and sought-after gadgets like PlayStations being incredibly hard to find.

Chinese foreign ministry spokesperson Mao Ning said it was "firmly opposed" to the Dutch decision to move in line with Washington, saying it would "intervene and limit normal economic and trade exchanges".

US President Joe Biden has taken a tough stance on US exports of semiconductor tech

'National control list'

It comes after the strict policy was announced in a letter to MPs in the Netherlands' parliament, though it did not mention China or ASML by name.

Trade minister Liesje Schreinemacher wrote that the measures - headlined by a "national control list" for all semiconductor exports - will come into force this summer.

It means companies will have to apply for licences to export technology like the equipment sold by ASML, which are "deep ultra violent" lithography machines that use powerful lasers to create the intricate circuitry of a chip.

Among ASML's customers are South Korea's Samsung, which does much of its product manufacturing in China, and world leader Taiwan Semiconductor Manufacturing Co.

Taiwan manufactures around 90% of the world's most advanced semiconductors, leading to concerns about the potential impact of any Chinese invasion on global tech supply chains.

It's already seen some firms pivot to building new manufacturing plants in the US.

Could Japan be next to impose tough rules?


The US move in October required chip-making companies that used American tech to make chips - even those not based in the country - to acquire special licences to export to China.

Since then, the White House has been pushing the Netherlands and Japan to adopt a similar stance.

Japan's trade minister, Yasutoshi Nishimura, said it had not yet decided whether to do so.

"For national security reasons, we constantly review export rules," he told MPs.

Newsletter

Related Articles

Arab Press
Close
0:00
0:00
Donald Trump arrested – Twitter goes wild with doctored pictures
Credit Suisse's Scandalous History Resulted in an Obvious Collapse - It's time for regulators who fail to do their job to be held accountable and serve as an example by being behind bars.
Paris Rioting vs Macron anti democratic law
'Sexual Fantasy' Assignment At US School Outrages Parents
Credit Suisse to borrow $54 billion from Swiss central bank
Russian Hackers Preparing New Cyber Assault Against Ukraine
If this was in Tehran, Moscow or Hong Kong
A brief banking situation report
We are witnessing widespread bank fails and the president just gave a 5 min speech then walked off camera.
Donald Trump's asked by Tucker Carlson question on if the U.S. should support regime change in Russia?.
Elon Musk Is Planning To Build A Town In Texas For His Employees
The Silicon Valley Bank’s collapse effect is spreading around the world, affecting startup companies across the globe
Market Chaos as USDC Loses Peg to USD after $3.3 Billion Reserves Held by Silicon Valley Bank Closed.
Banking regulators close SVB, the largest bank failure since the financial crisis
Silicon Valley Bank: Struggles Threaten Tech Startup Ecosystem"
The unelected UK Prime Minister Rishi Sunak, an immigrant himself, defends new controversial crackdown on illegal migration
Man’s penis amputated by mistake after he’s wrongly diagnosed with a tumour
In a major snub to Downing Street's Silicon Valley dreams, UK chip giant Arm has dealt a serious blow to the government's economic strategy by opting for a US listing
It's the question on everyone's lips: could a four-day workweek be the future of employment?
Spain officials quit over trains that were too wide for tunnels...
Corruption and Influence Buying Uncovered in International Mainstream Media: Investigation Reveals Growing Disinformation Mercenaries
European MP Clare Daly condemns US attack on Nord Stream
Tucker Carlson called Trump a 'demonic force'
US Joins 15 NATO Nations in Largest Space Data Collection Initiative in History
White House: No ETs over the United States
Saray Street in Hatay-Antakya before and after the earthquake
U.S. Jet Shoots Down Flying Object Over Canada
Nord Stream terror attack: David Sacks breaks down Sy Hersh's story
Being a Tiktoker might be expensive…
Miracle: El Salvador Search and Rescue teams, with the support of Turkish teams, rescued a woman and a child from the rubble 150 hours after the earthquake
SpaceX, the private space exploration company, made a significant breakthrough in their mission to reach space.
China's top tech firms, including Alibaba, Tencent, Baidu, NetEase, and JD.com, are developing their own versions of Open AI's AI-powered chatbot, ChatGPT
This shocking picture, showing how terrible is the results of the earthquake in Turkey
President Joe Biden delivered the 2023 State of the Union Address , in order to help Americans that missed the 2022 speech, do not have internet, and suffer from short memory.
The desk of King Carlos Alberto of Sardinia has many secret compartments
Today's news from Britain - 9th February 2023
The five largest oil companies in the West generated combined profits of nearly $200 billion in 2022, which has led to increased calls for governments to impose tougher windfall taxes
2 earthquakes in Turkey killed over 2,300 people
Powerful Earthquake Strikes Turkey and Syria, Killing More Than 1,300 People.
Turkish photographer Ugur Gallenkus portrays two different worlds within a single image. Brilliant work
Charlie Munger, calls for a ban on cryptocurrencies in the US, following China's lead
Shell reports highest profits in 115 years
EU found a way to use frozen Russian funds
First generation unopened iPhone set to fetch more than $50,000 at auction.
WARNING GRAPHIC CONTENT - US Memphis Police murdering innocent Tyre Nichols
Almost 30% of professionals say they've tried ChatGPT at work
Interpol seeks woman who ran elaborate exam cheating scam in Singapore
What is ChatGPT?
Bill Gates is ‘very optimistic’ about the future: ‘Better to be born 20 years from now...than any time in the past’
Tesla reported record profits and record revenues for 2022
×