January 26, 2023
japan and netherlands are joining the us in chip restrictions on china
Japan and the Netherlands will join the United States in imposing chip bans on China, Bloomberg revealed in a report. The goal is to “undercut Beijing’s ambition to build its own domestic chip capabilities”, according to people aware of the situation.
The Dutch company ASML Holding HV will be prevented from transferring deep ultraviolet lithography machines used for chip manufacture, and similar restrictions will be imposed on the Japanese Nikon Corp.
The joint effort is an expansion on US President Joe Biden’s agenda to limit China’s ability to manufacture and develop its own…