The Netherlands tightened export control rules, requiring semiconductor manufacturers to apply for licenses from the Dutch government for specific tools, the Dutch government said Wednesday.
The new policy, which takes effect on April 1, is the second amendment to the national export control measure since it was introduced in September 2023, and applies to exports from the Netherlands to all non-EU destinations, the government said.
The new policy will cover specific measuring and inspection equipment used in the production of advanced semiconductors and made by Dutch semiconductor gear makers such as ASML (ASML) and ASM International, Bloomberg reported on Wednesday.
ASML did not immediately respond to an MT Newswires request for comment.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.