China Pressures Netherlands to Allow ASML Chip Machine Export -Financieele Dagblad
January 15 2020 - 4:44AM
Dow Jones News
--Sino-Dutch relations will be negatively affected if the
Netherlands continues to block the export of ASML's advanced EUV
machine for political reasons, China's ambassador to the
Netherlands, Xu Hong, tells Dutch business daily Financieele
Dagblad.
--Mr. Hong was responding to media reports that the Dutch
government is blocking the export of the EUR120 million
machine--used in chip manufacturing--following heavy pressure from
the U.S., FD reports.
--U.S. Secretary of State Mike Pompeo personally urged Dutch
Prime Minister Mark Rutte to block the sale because of "security
risks" according to a Reuters report, but an official decision by
the Netherlands' Ministry of Foreign Affairs is pending, FD
reports.
Full story: https://bit.ly/2RgTbux
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(END) Dow Jones Newswires
January 15, 2020 04:29 ET (09:29 GMT)
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