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Amid US pressure, Dutch announce new chip equipment export rules

June 30, 2023
Source: reuters.com reuters.com
News Snapshot:
AMSTERDAM, June 30 (Reuters) - The Dutch government on Friday announced new rules restricting exports of certain advanced semiconductor equipment, a move that comes amid U.S. pressure on its allies to curb sales of hi-tech components to China. "We have taken this step in the interest of our national security" said Trade Minister Liesje Schreinemacher, adding such equipment may have military applications. The rules, which will require companies that make advanced chipmaking equipment to seek a licence before they can export it, are expected to go into effect on Sept. 1. A technical document specifying which equipment will require a...
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Tags: Amsterdam | Andrew | applications | ASML | China | chip | chips | computer | Dutch | equipment | Europe | export | Exports | government | IT | LINE | manufacture | manufacturing | military | national security | Netherlands | Reuters | sales | semiconductor | technology

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