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From Reuters' coverage of NRC Handelsblad's interview with ASML's CEO Peter Wennink regarding U.S. export restrictions on China:
following U.S. pressure, the Dutch government has already restricted ASML from exporting its most advanced lithography machines to China since 2019, something he said has benefited U.S. companies selling alternative technology.
He said that while 15% of ASML's sales are in China, at U.S. chip equipment suppliers "it is 25 or sometimes more than 30%".
Wennink said it seemed contradictory that U.S. chip manufacturers are able to sell their most advanced chips to Chinese customers, while ASML is only able to sell older chipmaking equipment.
Meanwhile, "it is common knowledge that chip technology for purely military applications is usually 10, 15 years old. (Yet) the technology used to make such chips can still be sold to China," he added.
(Score: 0) by Anonymous Coward on Saturday December 17, @08:30PM (2 children)
> seeing how the Russian sanctions aren't working
They aren't? I thought the sanctions on Russia were working OK (not great, just OK). Shutting down trade doesn't have immediate effects, and in the meantime, Russia is finding alternate suppliers--like Iran for drones.
(Score: 2) by RamiK on Saturday December 17, @09:43PM (1 child)
Nope: https://www.reuters.com/investigates/special-report/ukraine-crisis-russia-tech-middlemen/ [reuters.com]
compiling...
(Score: 0) by Anonymous Coward on Sunday December 18, @03:49AM
Good link. That about matches what I expected when I wrote that the sanctions were just working OK. For example, the sanctions on other parts of the economy like the movement and foreign investments of oligarchs may be doing better than the chip sanctions?
While it looks like Russia is still getting a lot of chips through the gray market, they are probably paying through the nose for all the middlemen. Oddly the link didn't say anything about the end user costs in Russia.