Chip equipment maker ASML’s suppliers eye Asian plants outside China amid tension | – #Chip #equipment #maker #ASMLs #suppliers #eye #Asian #plants #China #tension
HANOI/AMSTERDAM, 10 March (Reuters) – Dutch chipmaker giant ASML Holding NV ( ASML.AS ) is between Beijing and the West political amid tensions, they are considering building factories in Southeast Asia instead of China. Documents seen by Reuters.
Officials from dozens of technology companies will travel to Vietnam, Malaysia and Singapore next week, according to the Brabant Development Agency, the Dutch government agency involved in organizing the trip. trip they will do.
Located near the Netherlands 20“Most of the companies are joining because they are looking to expand/set up production sites in either Vietnam or Malaysia,” said a note prepared by the agency in collaboration with Brainport Industries, which represents 0 high-tech manufacturing companies, the city of Eindhoven.
The possible investments are part of a broader, long-term strategy to reduce exposure to China, two people familiar with the plan told Reuters.
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The dozens of companies in the mission are almost all contractors of ASML, one of the world’s top suppliers to semiconductor makers such as TSMC, Samsung ( 005930.KS ) and Intel ( INTC.O ). Some have manufacturing facilities in China.
The Dutch government is trying to hinder China’s ability to produce its own advanced computer chips and military has never licensed ASML to sell its most advanced machines to customers in China, following pressure from Washington to slow its progress.
Each of ASML’s lithography systems costs 160 million euros (170 million dollars) can cost and is used to create the circuits of computer chips.
The Dutch government announced new restrictions on Wednesday
On exports affecting ASML’s second-best chip printing equipment, this could lead to retaliation from China.
SINGAPORE SOLDIERS?
Companies on the mission include Neways, which helps ASML develop electrical control units, power controls and wiring systems for lithography systems.
A spokesman for Neways declined to comment.
ASML supplier NTS Group, a supplier of precision machining tools, is another company to attend the business trip, Brainport said.
Other companies on the trip are Bestronics, AAE BV, BKB Precision, HQ Group, KMWE Group, Sempro, Sioux Technologies and VDL ETG, according to one of the documents and Brainport. The companies could not immediately be reached for comment on Friday.
Singapore is being considered as a potential location for regional headquarters, the note said.
ASML declined to comment.
A person familiar with the organization of the trip is one of the companies factory said it is in advanced talks with its partners in Vietnam to build
A second company was also believed to be investing there, the person said, declining to name or name the firms because the information is confidential.
A second person involved in organizing the trip said Malaysia is also a likely option for new investment because some companies already have facilities there.
($1 = 0.9398 euros)
Reporting by Francesco Guarascio in Hanoi and Toby Sterling in Amsterdam; Edited by Emelia Sithole-Matarise and Louise Heavens
Our standards: Thomson Reuters Trust Principles.
Francesco Guarascio
2023-03-11 01:52:33
Source – reuters
Translation“24 HOURS”