ASML sells chipmaking gear to China

Stefan Mileschin · 4th March 2021, 14:39

US miffed

ASML has extended a deal to sell chip manufacturing equipment to Semiconductor Manufacturing International China’s largest chipmaker, until the end of this year.

For those not in the know, the US government has demanded that all technology deals with China have to get a licence or face its wrath.

ASML made the statement after SMIC disclosed a volume purchase agreement under which it has already spent $1.2 billion with the toolmaker. In a clarifying statement issued several hours later, ASML said the agreement began in 2018 and was slated to expire at the end of 2020, but the two companies agreed in February to extend the deal to the end of this year.

In December, SMIC was one of the dozens of firms put on a U.S. blacklist that required American semiconductor manufacturing equipment firms such as Applied Materials Inc and Lam Research Corp to obtain a license before exporting products to the chipmaker.
https://fudzilla.com/news/52463-asml...-gear-to-china

4th March 2021, 14:39	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 148,966	ASML sells chipmaking gear to China US miffed ASML has extended a deal to sell chip manufacturing equipment to Semiconductor Manufacturing International China’s largest chipmaker, until the end of this year. For those not in the know, the US government has demanded that all technology deals with China have to get a licence or face its wrath. ASML made the statement after SMIC disclosed a volume purchase agreement under which it has already spent $1.2 billion with the toolmaker. In a clarifying statement issued several hours later, ASML said the agreement began in 2018 and was slated to expire at the end of 2020, but the two companies agreed in February to extend the deal to the end of this year. In December, SMIC was one of the dozens of firms put on a U.S. blacklist that required American semiconductor manufacturing equipment firms such as Applied Materials Inc and Lam Research Corp to obtain a license before exporting products to the chipmaker. https://fudzilla.com/news/52463-asml...-gear-to-china

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