Dutch chip-makers ASML say new export control will have little effect

The Dutch chip-making equipment giant ASML Holding NV said on Friday that the new Dutch chip export control measures will not have a material impact on its financial outlook for 2023 or its longer-term financial performance.

The comments came after the Dutch government has published new regulations regarding export controls of semiconductor equipment, which could restrict more of ASML's chipmaking machines from being sent to China.

Denying some media reports that the new export controls will target all of its deposition and immersion lithography systems, ASML said in a statement to China Daily that the new export controls focus only on advanced chip manufacturing technology, including the most advanced deposition and immersion lithography systems.

The company said: "Due to these export control regulations, ASML will need to apply for export licenses with the Dutch government for all shipments of its most advanced immersion DUV lithography systems (TWINSCAN NXT:2000i and subsequent immersion systems)."

The new Dutch export control regulations will come into effect on September 1, 2023. ASML can start submitting export license applications before that date. The Dutch government will grant or deny these applications on a case-by-case basis.

Sales of ASML's most advanced EUV systems have already been restricted, the company said, highlighting that "Shipments of other ASML systems are not controlled by the Dutch government."