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China’s stockpiling of ASML chip-making machines push imports past 2023 estimates (www.scmp.com)

submitted 1 year ago* (last edited 1 year ago) by [email protected] to c/[email protected]

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China’s imports of Dutch lithography machines have surged this year, with the first seven months already surpassing ASML Holding’s previous forecast for 2023 sales to China, according to a new report, as Chinese firms stock up on the equipment ahead of new export curbs.

From January to July, Chinese imports of Dutch-made lithography machines, nearly all from chip equipment giant ASML, grew 64.8 per cent year on year to US$2.58 billion, Chinese semiconductor industry consultancy JW Insights said in a report published on Friday, citing China customs data.

In January, ASML projected that its sales to China this year would remain steady at about 2.2 billion euros (US$2.36 billion), or 14 per cent of its total annual revenue.

In July, China imported US$626 million worth of lithography machines from the Netherlands, nearly eight times larger than the same month last year, according to the report.

ASML has a near monopoly on the world’s most advanced lithography machines, which are required for the production of cutting-edge chips. Under US pressure, the company has cut off exports of its extreme ultraviolet (EUV) lithography systems to China.

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[–] [email protected] 1 points 1 year ago

I heard the same argument from IBM and HP when they started producing Servers, desktop computers and laptops, amongst many industries. With the new laws affecting the procurement of high end chips for China the motivation is very big to develop their own high end chip manufacturing machines.