THE HAGUE, Jan 28 (Reuters) – ASML Holding NV (ASML.AS) mentioned on Saturday it understood progress had been made in direction of an settlement amongst a number of governments on new restrictions on semiconductor manufacturing gear exports to China.
ASML, a key provider to chipmakers, has been restricted from promoting its most superior instruments to China since 2019.
Tensions between america and China over semiconductors have steadily worsened since then, prompting Washington in October to impose export restrictions by itself chip manufacturing gear firms.
“It's our understanding that steps have been made in direction of an settlement between governments which, to our understanding, might be centered on superior chip manufacturing expertise, together with however not restricted to superior lithography instruments,” ASML mentioned.
The Dutch firm added that the measures weren't anticipated to have a cloth impression on its 2023 monetary forecasts.
“Earlier than it'll come into impact it needs to be detailed out and carried out into laws which can take time,” the corporate mentioned.
Its assertion follows a Bloomberg report on Friday that mentioned america, Japan and the Netherlands had reached an settlement following months of talks.
Reporting by Toby Sterling and Stephanie van den Berg; enhancing by Alison Williams and Jason Neely
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