The Dutch government has announced new rules restricting the export of certain types of equipment
What is known
This happened under pressure from the United States, which demandrestrict the sale of computer chip technology to China. However, the Dutch authorities said they took this step for reasons of national security.
The Chinese government responded by saying that the decision “is not in the interests of either party” and will impact chip production and supply chains.
Chinese Foreign Ministry spokeswoman Mao Ning said the US is abusing export controls and using various pretexts to win over other countries.
The US is in an arms race with China for control of the supply of semiconductors, especially some computer chips used for supercomputing and artificial intelligence.
The restrictions will especially affect the largestDutch chip manufacturing equipment manufacturer ASML. The company has already stated that it will continue to comply with current export regulations. In addition, ASML is confident that these measures will not have a “significant impact” on her finances.
Source: BBC.