ASML's China Business Faces Potential New Curbs From Dutch Government, Bloomberg Reports
--The Dutch government plans to curb ASML Holding's ability to repair and maintain the semiconductor-making machinery it supplies to chip makers in China, Bloomberg reports, citing people familiar with the matter.
--Dutch officials are unlikely to renew certain licenses that ASML needs to service and provide spare parts in China, Bloomberg reports, saying the decision comes after pressure from the U.S. The Netherlands already blocked ASML's exports to China of some lithography systems, which are essential to making advanced microprocessors.
--The Dutch government declined to comment. ASML didn't respond to a request for comment.
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Write to Mauro Orru at mauro.orru@wsj.com
(END) Dow Jones Newswires
August 29, 2024 07:52 ET (11:52 GMT)
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