ASML Criticizes Europe's Semiconductor Independence Plan

1 min read157
ASML Criticizes Europe's Semiconductor Independence Plan

ASML, the world's largest manufacturer of lithography equipment, has opposed the European Union's idea of actively intervening in the semiconductor supply chain. The company's management emphasized that industrial independence cannot be achieved without a robust local manufacturing base, which the region currently lacks. This was reported by Ixbt.com reports .

ASML CEO Christophe Fouquet noted that the bulk of the company's business is concentrated in Asia. According to him, nearly 80% of ASML's revenue comes from Asian customers, while European clients account for only 1% of the total share. This figure reflects the real structure of the global industry.

Fouquet emphasized that the EU's initiatives to tighten control must take into account existing regional limitations. In his view, any attempt at "sovereignization" without significant growth in local production could backfire, leading to reduced competitiveness and the departure of technology companies from Europe.

EU officials recently proposed tightening chip supply regulations, expressing their intention to gain the right to intervene in logistics processes during emergencies. Meanwhile, Elon Musk also spoke positively about ASML, calling it the greatest and most respected company in Europe.

As a reminder, ASML had become the most valuable company in European history. Additionally, the TSMC chairman denied rumors that the company is unwilling to invest in next-generation lithography equipment due to its conservative approach.

Did you like this article?

No ads with a subscription

Zamin Premium — 4 900 UZS a month

Comments0

…

  1. Digitize your auto service: Don't lose customers with Bip Business
  2. Is it dangerous to write a number on a car window? Bip has found a new solution for drivers!
  3. 8 Common Financial Mistakes: What to Avoid?
  4. Playmatch: Simplifying Operations for Pitch Owners
  5. Playmatch: All Necessary Football Services in One App
  6. How to choose a card for daily expenses?
  7. Eldor Shomurodov Football Academy and TBC Bank: From childhood dreams to big football
  8. Advantages of OSGOP insurance for drivers and carriers
  9. Another creativity from Pure Milky: Every step - with love for dear people!
  10. Where should you work to increase your chances of getting a loan