US is pressuring Netherlands and Japan to tighten restrictions on chipmaking equipment to China

From Investing.com: 2024-06-19 05:40:53

U.S. official heading to Japan after meeting with Dutch government to urge further restrictions on China’s semiconductor production. Chinese foreign ministry says U.S. behavior is hindering global semiconductor industry. Dutch and Japanese ministries confirm diplomatic interactions with U.S. in response to China’s chipmaking industry threats. U.S. talking to allies about adding more Chinese chipmaking factories to a restricted list. ASML servicing contracts in China still in place despite U.S. rules. Sanctioned Chinese company Huawei releases phone powered by advanced chip.



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