Posted on 01/27/2023 7:46:50 AM PST by SeekAndFind
TOKYO, Jan 27 (Reuters) - Japan and the Netherlands will soon agree to join the United States in restricting exports of semiconductor manufacturing equipment to China, Bloomberg News reported.
Talks between the countries will conclude as early as Friday, with the Netherlands restricting ASML Holding NV (ASML.AS) from selling machines to China used to make certain types of advanced chips, Bloomberg reported, citing people familiar with the matter.
Japan would impose similar restrictions on Nikon Corp (7731.T), the report said.
Deputy Chief Cabinet Secretary Seiji Kihara, a government spokesperson, said Japan would make "appropriate steps" based on the United States' and other nations' regulatory moves. He declined to comment further when asked about the report at a Friday afternoon media briefing.
The Dutch foreign ministry declined comment. Prime Minister Mark Rutte, who has said he expects to reach agreement with the United States and other allies on stricter controls but that the Netherlands will not simply adopt U.S. rules, will take questions at his weekly news briefing later on Friday.
Sources have told Reuters that a deal between Dutch and U.S. officials could be clinched by the end of the month as representatives from the two countries meet in Washington on Friday.
Getting the Netherlands and Japan to impose tighter export controls on China would be a major diplomatic win for U.S. President Joe Biden's administration, which in October announced sweeping restrictions on Beijing's access to U.S. chipmaking technology to slow its technological and military advances.
(Excerpt) Read more at reuters.com ...
Not much of a threat as most chips are already made in China and Taiwan (soon to be Little China)
China has always been at least 1 generation behind in chip manufacturing... They make a lot of chips but they can’t make the machines that make the chips...
Excellent!!!
They’re behind because we won’t sell them the wafer fab equipment.
They’re behind because we won’t sell them the wafer fab equipment.
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