January 15, 2025 09:16 GMT
US-EU: Dutch Govt Issues New Export Controls On Semiconductor Supply Chain
US-EU
USEM BulletHomepagemarkets-real-timePolitical RiskPolitical Risk BulletBulletMarketsFixed Income BulletsForeign Exchange BulletsNorth America
The government of the Netherlands said in a statement it has enacted new export controls on equipment used in the measuring and inspection of advanced semiconductors. The controls appear to apply to metrology and inspection systems manufactured by Dutch firm ASML - a crucial component in the supply chain of high-end chips.
- The announcement comes after sweeping new export controls, announced by the Biden administration this week, designed to curb the US' adversaries - including China and Russia - access to high-end semiconductor technology related to artificial intelligence. The measures include a three-tier licencing system with some US allies, including the Netherlands, permitted unfettered access to US chip markets and some countries, including China, hit with a near-total restriction on advanced US chips.
- The US measures are seen as a step to formalise a multilateral framework for controlling advanced chip technology before President-elect Donald Trump takes office next week.
- The Dutch government said in a statement: "...the export of these technologies will now also require an export authorisation [to be] decide[d] on a case-by-case basis... [The measure applies to] all destinations outside the EU. It does not constitute an export ban."
- Reuters notes that ASML said in a statement that it sees no additional impact from the measures, adding the rules are "in line" with changes indicated in December.
- ASML noted in December that US restrictions apply to fabrication locations, "mainly in China" and reported measures "do not expect any direct material impact on our business."
244 words