THE HAGUE, Jan 28 (Reuters) – ASML Holding NV (ASML.AS) stated on Saturday it understood progress had been made in the 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 the US and China over semiconductors have steadily worsened since then, prompting Washington in October to impose export restrictions by itself chip manufacturing gear corporations.
“It’s our understanding that steps have been made in the direction of an settlement between governments which, to our understanding, can be centered on superior chip manufacturing know-how, together with however not restricted to superior lithography instruments,” ASML stated.
The Dutch firm added that the measures weren’t anticipated to have a cloth influence on its 2023 monetary forecasts.
“Earlier than it would come into impact it must be detailed out and applied into laws which is able to take time,” the corporate stated.
Its assertion follows a Bloomberg report on Friday that stated the US, 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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