The Netherlands has imposed new restrictions on key chip manufacturing applied sciences
The Dutch authorities introduced new guidelines proscribing exports of sure semiconductor tools to China, following an identical transfer by the US earlier this yr.
The Netherlands is residence to one of the crucial essential semiconductor firms on the planet, ASML, which makes equipment required to supply essentially the most superior chips.
Under the brand new guidelines, firms within the Netherlands might want to apply for a license to export sure superior semiconductor manufacturing tools abroad. The guidelines will come into impact on September 1.
“We have taken this step in the interest of our national security,” Dutch Trade Minister Liesje Schreinemacher mentioned, including that the tools may have army purposes.
A “very limited” variety of firms and product fashions can be affected, the minister famous, with out elaborating on the international locations topic to the restrictions.
The Chinese Embassy within the Netherlands referred to as the brand new regulation “an abuse of export control measures and seriously disrupted free trade and international trade rules.”
Nevertheless, the embassy mentioned it is able to “work with the Dutch side to address the issue based on the principle of mutual benefit, so as to jointly promote the healthy development of Sino-Dutch economic and trade relations.”
READ MORE: Chinese tech shares drop on US chip export crackdown rumors
The improvement comes after the US launched sweeping restrictions final October aiming to chop off exports of key chips and semiconductor instruments to China. Since then, Washington has been pushing key chipmaking nations and allies just like the Netherlands and Japan to observe its lead and introduce export restrictions of their very own.
Last week, media shops reported that the US authorities have been considering new export controls on microchips used to develop AI in China. The transfer is predicted to dent gross sales on the planet’s high semiconductor market.
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