Huawei Mate60 breakthrough alarms ASML

ASML CEO Peter Wennink said in an interview with Dutch media that export controls are not a feasible way to solve the problem. On the contrary, China’s semiconductor industry should remain open-minded

Peter Wennink pointed out that imposing comprehensive export controls on Chinese manufacturers will only isolate them rather than encourage innovation. He specifically mentioned the chip breakthrough in Huawei Mate 60 Pro, believing that this reflects that the restrictions are actually pushing Chinese technology companies to work harder to innovate. Leading companies play a key role in the current fierce semiconductor competition.

The president of the U.S. semiconductor industry has previously issued a similar call, emphasizing that no country can independently reverse the entire semiconductor supply chain. China occupies an important position in the global semiconductor supply chain, and It is one of the major customers of many semiconductor companies.

ASML also stated in its financial report in July this year that the demand for it in the Chinese market is growing day by day, with undelivered orders accounting for more than 20% of the world. It is expected that more products will be shipped in 2023 China.

However, ASML also pointed out in the statement that starting from January 1, 2024, export licenses for controlled equipment will no longer be provided to Chinese customers. This decision may have a certain impact on China's semiconductor industry. However, Peter Wennink’s call shows that cooperation and openness are the key paths to promote the healthy development of the global semiconductor industry

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