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The logo of ASML hangs on the head office in Veldhoven, the Netherlands, January 30, 2023. /CFP
The Dutch semiconductor giant ASML confirmed that it has received a license from the Dutch government to continue shipping some of its advanced immersion lithography systems to China up to the end of the year, according to a China Daily report on Friday.
It came as the Netherlands' latest chip export control measures took effect on Friday.
The company said that they've applied for export licenses to ship NXT: 2000i plus systems, and the country's licensing authorities have issued the licenses they need as of September 1 to be able to continue shipments of the NXT: 2000i and subsequent systems this year.
ASML, Europe's largest technology firm by valuation, dominates the market for lithography equipment, which uses tiny beams of light to help create the circuitry of chips.
It was required to seek approval to export some of its most sophisticated technology under a licensing regime introduced in June under an agreement with the United States.
ASML said that they "do not expect the export control regulation to have a material impact" on the 2023 financial outlook or on their longer-term outlook.
"Our customers are aware of the export control regulations so they know that, as of January 1, 2024, it is unlikely we will receive export licenses for these systems for shipment to domestic Chinese customers," the company added.
(With input from Reuters)
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Disinformation report hotline: 010-85061466