U.S. demands that chipmaking giant ASML stop servicing some equipment it has sold to Chinese customers are a diplomatic and business headache for the Dutch...
AMSTERDAM - U.S. demands that chipmaking giant ASML stop servicing some equipment it has sold to Chinese customers are a diplomatic and business headache for the Dutch government, but signs are it will continue to align with Washington on export restrictions.
Rutte, who is favoured to become the next NATO secretary general, discussed ASML with Chinese President Xi Jinping when they met in Beijing last week. The Netherlands holds Russia responsible for the 2014 downing of Malaysia Flight 17 over eastern Ukraine, which killed 198 Dutch citizens. It also houses and supports the Hague-based International Criminal Court which has issued a warrant for Putin's arrest on war crimes charges.Rutte called on China to do more to keep Russia from obtaining "dual-use goods" with both civilian and military applications - such as ASML's machines and the chips they are used to make.
The Dutch government must weigh its response given fears of weakening U.S. support for its security priorities, including Ukraine, especially if Donald Trump wins November's presidential election."If the U.S. role in NATO decreases, then probably also the leverage that the U.S. has ... with regard to technology transfers to China will decrease," said Frans-Paul van der Putten of the Clingendael Institute, a Dutch think tank.
For ASML, the damage from an uncertain number of licence denials will be gradual and limited - maintenance is about 20% of its revenue and China is its third-biggest market after Taiwan and South Korea.
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