PanamaTimes

Sunday, Mar 03, 2024

China hits out at Dutch plan to limit export of semiconductor tech

China hits out at Dutch plan to limit export of semiconductor tech

Semiconductors are a vital part of the manufacturing process for everything from military hardware to PlayStations - and a global shortage during pandemic lockdowns proved just how crucial they are to modern supply chains.

China has criticised a Dutch plan to restrict the export of semiconductor equipment - a vital part of the high-tech supply chain.

The Netherlands' government announced on Wednesday it would introduce limits to "protect national security", following similar measures brought by the US last year.

For the American curbs to be effective, other key suppliers had to be on board - and the Netherlands is home to a major supplier to semiconductor manufacturers.

ASML - Europe's biggest tech firm, based in Veldhoven - has sold more than €8bn (£7.1bn) of advanced machinery used to make semiconductors to Chinese customers since 2014.

The microchips are key to everything from military hardware to the smartphone in your pocket, and are a key battleground in the US and China's increasingly bitter trading relationship.

A global shortage during pandemic lockdowns led to car factories being closed and sought-after gadgets like PlayStations being incredibly hard to find.

Chinese foreign ministry spokesperson Mao Ning said it was "firmly opposed" to the Dutch decision to move in line with Washington, saying it would "intervene and limit normal economic and trade exchanges".

US President Joe Biden has taken a tough stance on US exports of semiconductor tech

'National control list'

It comes after the strict policy was announced in a letter to MPs in the Netherlands' parliament, though it did not mention China or ASML by name.

Trade minister Liesje Schreinemacher wrote that the measures - headlined by a "national control list" for all semiconductor exports - will come into force this summer.

It means companies will have to apply for licences to export technology like the equipment sold by ASML, which are "deep ultra violent" lithography machines that use powerful lasers to create the intricate circuitry of a chip.

Among ASML's customers are South Korea's Samsung, which does much of its product manufacturing in China, and world leader Taiwan Semiconductor Manufacturing Co.

Taiwan manufactures around 90% of the world's most advanced semiconductors, leading to concerns about the potential impact of any Chinese invasion on global tech supply chains.

It's already seen some firms pivot to building new manufacturing plants in the US.

Could Japan be next to impose tough rules?


The US move in October required chip-making companies that used American tech to make chips - even those not based in the country - to acquire special licences to export to China.

Since then, the White House has been pushing the Netherlands and Japan to adopt a similar stance.

Japan's trade minister, Yasutoshi Nishimura, said it had not yet decided whether to do so.

"For national security reasons, we constantly review export rules," he told MPs.

Newsletter

Related Articles

PanamaTimes
0:00
0:00
Close
Apple warns against drying iPhones with rice
In a recent High Court hearing, the U.S. argued that Julian Assange endangered lives by releasing classified information.
Global Law Enforcement Dismantles Lockbit Ransomware Operation
Russian opposition leader Alexey Navalny has died at the Arctic prison colony
The President of Argentina Javier Mile does not fly private, he flies commercial, with the citizens he represents. And they LOVE him for it.
Bitcoin Reaches $50,000 for First Time in Over Two Years
Belo Horizonte: Brazil's Rising Carnival Hotspot for 2024
In El Salvador, the 'Trump of Latin America' stuns the world with a speech slamming woke policing after winning a landslide election
Tucker’s interview with Putin is over 50M views on X within the first 5 hours.
Finnish Airline, Finnair, is voluntarily weighing passengers to better estimate flight cargo weight
President Nayib Bukele has proudly announced El Salvador's remarkable achievement of becoming the safest nation in the Western Hemisphere.
Former Chilean President Sebastian Piñera Dies in Helicopter Crash
This farmer seems to understand science a bit more than the event organizer, Klaus Schwab.
Facebook turns 20: From Mark Zuckerberg's dormitory to a $1trn company
The Coolest Dictator in the World" on the Path to Victory in El Salvador
Macron, France and fake news
Indian-Origin Man 'King' Arrested For Smuggling $16 Million Drugs Into US
Can someone teach Americans that not every person with slanted eyes is Chinese?
Europe's Farmers Feeding the People, Protesting Against Politicians Who Do Nothing for Their Country and Serve Only Themselves at Taxpayers' Expense
Paris Restaurant That Inspired 'Ratatouille' Loses $1.6 Million Worth Of Wine
Brazilian Police Investigate Bolsonaro's Son for Alleged Illegal Spying
Police in Brazil Raid Residence of Bolsonaro Associate Over Allegations of Illegal Spying
Border Dispute Escalates as Texas Governor Vows Increased Razor Wire
OpenAI Enhances ChatGPT-4 Model, Potentially Addressing AI "Laziness" Issue
The NSA finally acknowledges spying on Americans by acquiring sensitive data
Report Reveals Toxic Telegram Group Generating X-Rated AI-Generated Fake Images of Taylor Swift
US Border Patrol States 'No Plans' to Remove Razor Wire Installed in Texas
Bitcoin Experiences Approximately 20% Decline in Value
Klaus Schwab recently appointed himself as the Earth's "trustee of the future."
DeSantis Drops Out, Endorses Trump.
Nikki Haley said former President Trump is "just not at the same level" of mental fitness as he was while president in 2016.
Residents of a southern Mexican town set the government palace on fire in response to the police killing of a young man
Samsung Launches AI-Driven Galaxy S24, Ushering in New Smartphone Era
Judge Questions SEC's Regulatory Overreach in Coinbase Lawsuit
The Ecuador prosecutor who was investigating the television studio attack, has been assassinated.
Is artificial intelligence the solution to cyber security threats?
Vivek Ramaswamy suspends his US election campaign and endorses Trump.
Viral Satire: A Staged Satirical Clip Mistaken as Real Footage from the 2024 World Economic Forum in Davos
The AI Revolution in the Workforce: CEOs at Davos Predict Major Job Cuts in 2024
Ecuador Reports 178 Hostages in Prison Gang Standoff
The Startling Cuban Espionage Case That Has Rattled the US Government
Two Armed Men in Ecuador, Dressed as Batman and The Joker Storm the Streets.
Armed Gang Raids Ecuadorian TV Station Following State of Emergency Declaration
Anti-Democratic Canada: Journalist Arrested for Questioning Canadian Finance Minister on Support of Terrorist Group
Ecuador's 'Most-Wanted' Criminal Vanishes from Prison
Mexican Cartel Supplied Wi-Fi to Locals Under Threat of Fatal Consequences for Non-Compliance
Border Surge Leads to Over 11,000 Migrants Waiting in Northern Mexico
Outsider Candidates Triumph in Latin American Elections
As Argentina Goes to the Polls, Will the Proposal to Replace the Peso with the Dollar Secure Votes?
Fatal Shark Attack Claims Life of Boston Woman Paddleboarding Near Bahamas Resort, According to Police
×