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Japan, the Netherlands to join The United States to reduce the chip equipment Exports to China: A Report

by Ruslan Burak
July 3, 2023
in Technology
2 min read
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Japan and the Netherlands will soon agree join United State in export restriction of Semiconductor manufacturing equipment to China, Bloomberg News reported.

conversations between countries will conclude early on Friday, with The Netherlands restricts ASML Holding NV from the sale machines To China used to make certain types of Advanced chips, Bloomberg reported, citing familiar sources with Subject.

Japan will impose similar restrictions on The report said that Nikon Corp.

Deputy Prime Minister Seiji Kihara A government The official spokesman, said that Japan will take “appropriate steps” based on on United States and other countries regulatory moves. he declined to comment Well when asked about the report on Friday afternoon media instructions.

Sources told Reuters that a deal between Dutch and US officials could eventually be struck of month as representatives of the two countries Meets in Washington on Friday.

Have the Netherlands and Japan impose a tightening on exports controls on China will be a great diplomat win for US President Joe Biden’s administration, which in October announced sweeping restrictions on Beijing access for the American chip industry technology To slow down technology and military progress.

Without Japanese or Dutch cooperation, American companies will do face competitive disadvantage.

“We have been in Discussion with United States and others countries on the export control system,” Yasutoshi Nishimura, Japanese Minister of Economy, trade and industry journalists on Friday.

We will take any action in According with Our foreign exchange law and through it international Cooperation ” added and declining to provide more details.

Nikon can be affected, the Japanese company will probably be affected by it new Constraints will be the Tokyo Electron chip manufacturing machinery industry, which depends on China for About quarter of “Its sales,” said Masahiko Hosokawa, of Misei University. professor And former director general of trade control in the ministry.

“There has to be a balance, so no one Between Japan and the United States and Europe will be in a disproportionate situation. It’s about being fair.”

Dutch officials insisted this was new controls Tabuk national Security concerns favor chip-related US companies, a familiar source with The discussions told Reuters.

Japan expects sales in businesses related to the affected segments to rebound quickly because market for they equipment expands, a trade and industry official concerned in The supervisor of semiconductor companies told Reuters. He asked not to be identified because he is not authorized to speak to media.

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