Trade war risks increasing, but no 2023 impact on China sales: ASML

AMSTERDAM: ASML Holding NV on Wednesday warned growing global trade and export controls pose a threat to its business, but it does not expect new restrictions on exports to China to affect 2023 earnings.

In a discussion of risks in its annual report, the top supplier of equipment to semiconductor makers outlined how it has already been affected by restrictions introduced by the United States government last year, which were aimed at hobbling China’s domestic chip-making industry.

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