Dutch tech industry urges EU to take a stand on China chip exports

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Dutch tech industry urges EU to take a stand on China chip exports
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AMSTERDAM : Dutch tech industry group FME on Tuesday called for the European Commission to draft a position on whether and how to restrict computer chip technology exports to China, saying 'more unified and powerful action' was needed from Europe.The call comes as Dutch Prime Minister Mark Rutte visits U.

AMSTERDAM : Dutch tech industry group FME on Tuesday called for the European Commission to draft a position on whether and how to restrict computer chip technology exports to China, saying"more unified and powerful action" was needed from Europe.

The Netherlands is home to ASML Holding NV, a key maker of semiconductor manufacturing equipment. It had 15 per cent of its sales to China in 2021, or 2 billion euros worth, that could be affected if the Netherlands were to adopt the new U.S. rules.

 

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