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: 2) by gawdonblue on Saturday December 17, @11:53PM (3 children)
To be fair, the US is encouraging Europe to spend more on American weapons, to expand NATO to increase American influence, and to hurt themselves economically to make themselves less competitive against American exports.
With backers like that, who needs enemies.
(Score: 2) by RamiK on Sunday December 18, @01:00AM
Military backing for preferential rates in trade and an alliance in a trade war is fair deal.
compiling...
(Score: 0) by Anonymous Coward on Sunday December 18, @07:11PM
As long as you have enough wars to make the deal fair and balanced.
(Score: 2) by gnuman on Monday December 19, @04:53PM
At the same time they don't like Europe making European Army and buying/making weapons as a block and this is exactly what is starting to happen. I guess that is one thing they agree with Russia on?
https://www.telegraph.co.uk/world-news/2022/11/15/eu-purchase-weapons-jointly-step-towards-military-integration/ [telegraph.co.uk]
I thought Russia was doing this all by itself? You did realize that NATO was on life-support before this Putin's Special Adventure in the Neighbourhood?
I think you missed the entire thing with Putin's war against Ukraine. Maybe Biden told Putin to start that war too to weaken Russia, make NATO relevant again, accelerate EU's migration away from fossil fuels and allow China to have another economic satellite state?