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The firm says it faces new competition from rival companies ‘driven by the ambition of self-sufficiency in the geopolitical context’.

Those include Dutch licensing requirements for most of ASML's advanced product lines, as well as a unilateral move by the U.S. in October 2023 to restrict exports of older equipment to unspecified Chinese plants.

ASML, the largest supplier of equipment to computer chip makers, said on Wednesday that geopolitical tensions and any expansion of a U.S.-led campaign to restrict its exports to China remain business risks. In its annual report published on Wednesday, the Dutch company flagged the growing list of restrictions imposed by the United States, mostly with the assent of the Dutch government. Those include Dutch licensing requirements for most of ASML's advanced product lines, as well as a unilateral m

Asked about the Dutch government's move, Chinese foreign ministry spokesman Wang Wenbin on Tuesday urged the Netherlands "to be impartial, respect market principles and the law, take practical actions to protect the common interests of both countries and their companies and maintain the stability of international supply chains".

On Tuesday, China called on the Netherlands to 'respect market principles,' a day after semiconductor giant ASML said the Dutch government had repealed an...