Quote (Hamsterbaby @ Aug 17 2023 02:57pm)
Netherlands is going get hit because US pressured them to stop selling DUV and EUV to China. It is not only Russia, EU is going to get a double whammy.
Semi conductor , chip manufacturers are moving to US. In the end everyone will buy from the US.
relating to same ~
In January 2023, the Netherlands and Japan agreed with the United States to impose controls on the export of certain semiconductors and related products to China. This followed a push by the Biden Administration to ensure the effectiveness of related U.S. export controls that were introduced in October 2022.
and
The Dutch government has formally joined US efforts to deny China access to equipment and software essential to expanding the Middle Kingdom's semiconductor manufacturing capabilities.
The measures, revealed in a letter to the Dutch parliament from Trade minister Liesje Schreinemacher this week, doesn't name China or ASML, but does explicitly restrict the sale of deep ultraviolet lithography machines. These complex multi-million-dollar assemblies used to etch microscopic features into silicon.
"Semiconductors are of great strategic importance for future military and civilian applications. The Netherlands plays an important role in this value chain world," the letter, translated to English reads. "Given the technological developments and the geopolitical context, the government has come to the conclusion that it is necessary for national and international security to expand the existing export control of specific semiconductor production equipment."
The document outlines three goals which include preventing Dutch goods from contributing to undesired military applications by foreign powers; preventing unwanted strategic dependencies; and maintaining Dutch technological leadership.
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Germany and Holland both getting the raw end of de-globalization.
This post was edited by ferdia on Aug 17 2023 08:21am