Type to search

ASML Accuses China Employee of Chip Tech Theft – FT

Dutch tech giant ASML, which makes the world’s most advanced chipmaking tools, says it notified US and Dutch authorities about an employee in China who stole details on its technology

The head of chipmaking equipment giant ASML says it is "essential" to retain access to China.
ASML says China is the world's largest chip market and that the sector is likely to double in size by 2030. Photo: Reuters.


Dutch tech giant ASML, which leads the world in production of lithography machines that create computer chips, says it its annual report that it notified US and Dutch authorities about a former employee in China who allegedly stole information about its technology, according to a Financial Times report, which added that ASML “holds a unique and crucial position in the chip supply chain as the only company able to make highly sophisticated extreme ultraviolet lithography (EUV) machines”.

ASML has been forced to restrict certain technology to China, after a major lobbying campaign by the US on the Dutch government (as well as Japan), but the chip toolmaker does not expect the moves to hurt its business this year, largely because it has an order backlog of more than 40 billion euros and expects its sales to jump by 25% this year, but the report noted that while ASML has a monopoly on the advanced machines needed to make chips, Huawei reportedly filed a patent application in December last year “for one of the most advanced facets of an EUV machine”.

Read the full report: The FT.





Japan, Netherlands to Join US in Enforcing China Chip Curbs


ASML’s China Exports ‘Unchanged’ Amid Rising Chip Curbs Worry


US Chipmakers Selling Advanced Chips to China: ASML Chief


ASML’s Taiwan Expansion Signals Chip Sector’s Next Big Leap


US Extends China Chip Curbs to Macau Over Tech Diversion Risk


Infographic: ASML in the Centre of the US-China Chip War



Jim Pollard

Jim Pollard is an Australian journalist based in Thailand since 1999. He worked for News Ltd papers in Sydney, Perth, London and Melbourne before travelling through SE Asia in the late 90s. He was a senior editor at The Nation for 17+ years.


AF China Bond