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China is looking to manufacture a homegrown EUV machine to compete with those of Dutch tech giant ASML – or cut such machines out of the process entirely.
The key events this week are the China-Germany High-Level Finance Dialogue in Beijing and the ongoing Asian Games in Hangzhou.
Recently negotiated export controls that aim to undercut China’s access to high-end chip manufacturing equipment will reshape competition in the global semiconductor industry.
Biden Administration to set tighter restrictions on semiconductor exports to China. Bipartisan group of Senators unveil the RESTRICT Act. Dutch government shared plans to restrict semiconductor exports for national security. Japan has not yet made a decision.
Amid mistrust between the neighbours, Beijing and Tokyo discuss supply chains, investment and potential green tech cooperation.