fbpx

Type to search

ASML and Lam Research Pull US Engineers Out in China – SCMP

ASML and Lam Research, two top chipmaking tool providers, have rushed to comply with US chip export curbs by “pulling American engineers out of their operations” in China


Chip supplier ASML announced strong Q3 sales and profit on Wednesday, saying it is unable to keep up with orders for its large lithography machines.
ASML Holding logo is seen at company's headquarters near Eindhoven. Image: Reuters

 

ASML Holdings and Lam Research, two of the world’s top chipmaking tool providers, have rushed to comply with US export controls announced last week by “pulling American engineers out of their operations” in China, the South China Morning Post reported on Friday, adding that ASML sent a memo asking US employees and green-card holders to refrain from serving customers in China until further notice.

ASML, a Dutch company which is a key supplier of extreme ultraviolet lithography (EUV) systems, said it was assessing which fabs were affected by this restriction, but workers Lam Research in Shanghai, which supplies wafer fabrication equipment, refused to comment about the new restrictions, which “are expected to inflict a heavy blow on China’s semiconductor industry” because engineers and executives with US passports and citizenship play key roles in the sector.

Read the full report: South China Morning Post.

 

ALSO SEE:

TSMC, Samsung Win Waivers; US Workers Ban Rocks China Firms

 

China’s Chip Industry Faces Deep Pain From US Curbs – FT

 

South Korea’s SK Hynix Wins Reprieve From US Chip Curbs

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.

logo

AF China Bond