Hethangterom schreef op 15 maart 2022 22:14:
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ASML reportedly worried?
Despite the technology gap, ASML is said to be worried about China’s catching up process. Justin Yi Fu Lin, a renowned Chinese economist and former Vice President of the World Bank, has claimed that ASML CEO, Peter Wennink, is concerned about the US ban on the EUV equipment sales to China. The CEO reportedly believes that it will take only three years for China to master advanced lithography machines, and by then it can produce them at lower, more competitive prices, ousting ASML from the global market in the process.
Wennink has indeed been critical of the current US sanctions on China, thinking that it will only hasten the country’s technology autonomy and eventually damage European industry in return.
“If you want to stay ahead of China, you have to lead in innovations”, he said.
techtaiwan.com/20210609/huawei-duv/