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Japan, Netherlands to join US in China chip controls -Bloomberg

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Reuters
Reuters
Reuters is an international news organisation owned by Thomson Reuters

TOKYO: Japan and the Netherlands will join the United States in implementing export controls on semiconductor manufacturing equipment to China soon, Bloomberg News reported on Friday.

The trilateral talks are set to conclude as early as Friday US time, the report said, citing people familiar with the matter.

The Netherlands would expand restrictions on ASML Holding NV (ASML.AS) in a move that would prevent the sale of machines that are crucial to making certain types of advanced chips, Bloomberg reported.

Read more: Exclusive: China plans over $143 billion push to boost domestic chips, compete with Us

Japan would set similar limits on Nikon Corp (7731.T), it said.

Sources have told Reuters that a deal between Dutch and US officials could possibly conclude by the end of the month as representatives from the two countries meet in Washington on Friday.

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