Friday, November 22, 2024

ASML warns that tougher US sanctions against China could have a major impact on business

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Chinese customers accounted for more than 25% of ASML’s revenue in 2023, making China a key market for the world’s top lithography tool manufacturer. Export restrictions imposed by the governments of the Netherlands and the United States, which already limit sales of advanced deep ultraviolet (DUV) and extreme ultraviolet (EUV) lithography equipment to customers in China, have a significant impact on the company’s balance sheet. not given.

However, the company said further restrictions could have a serious negative impact on ASML.



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