Japan, Netherlands to reportedly join U.S. in restricting chip equipment exports to China

Philippines News News

Japan, Netherlands to reportedly join U.S. in restricting chip equipment exports to China
Philippines Latest News,Philippines Headlines
  • 📰 globeandmail
  • ⏱ Reading Time:
  • 48 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 92%

Getting the Netherlands and Japan to impose tighter export controls on China would be a major diplomatic win for the Biden administration

Japan and the Netherlands will soon agree to join the United States in restricting exports of semiconductor manufacturing equipment to China, Bloomberg News reported.

The Dutch foreign ministry declined comment. Prime Minister Mark Rutte, who has said he expects to reach agreement with the United States and other allies on stricter controls but that the Netherlands will not simply adopt U.S. rules, will take questions at his weekly news briefing later on Friday. Getting the Netherlands and Japan to impose tighter export controls on China would be a major diplomatic win for U.S. President Joe Biden’s administration, which in October announced sweeping restrictions on Beijing’s access to U.S. chipmaking technology to slow its technological and military advances.

While Nikon could be affected, the Japanese company most likely to be affected by new restrictions will be chip manufacturing machinery maker Tokyo Electron, which relies on China for about a quarter of its sales, said Masahiko Hosokawa, a Meisei University professor and former director general of trade control at the ministry.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

globeandmail /  🏆 5. in CA

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Coinbase gets hit with a sanction in the Netherlands, details insideCoinbase gets hit with a sanction in the Netherlands, details insideCoinbase was sanctioned over $3 million for failing to register with Dutch authorities duly. The exchange was also listed as one of the creditors of FTX in the latest court filings. Following the FTX collapse, Coinbase rose to take over as the second-largest cryptocurrency exchange behind Binance. While attempting to broaden its users and services, […]
Read more »

Shell considering exiting home energy retail businesses in Britain, Netherlands and GermanyShell considering exiting home energy retail businesses in Britain, Netherlands and GermanyShell said it had launched a strategic review of the three businesses which is likely to take a few months, but that no decision had been taken yet on their future
Read more »

Late Ajax-Pickering MPP Joe Dickson getting park named after him in AjaxLate Ajax-Pickering MPP Joe Dickson getting park named after him in AjaxLate Ajax-Pickering MPP Joe Dickson is being memorialized in Ajax forever. Ajax council voted in favour of naming a new park after him. It will be located
Read more »

Getting geared up: New Year’s resolutions often fail, but these P.E.I. experts say it’s never a bad day to start getting serious about a fitness regime | SaltWireGetting geared up: New Year’s resolutions often fail, but these P.E.I. experts say it’s never a bad day to start getting serious about a fitness regime | SaltWireUnless you’re absolutely certain you know what you want, don't invest money into home gym equipment that might not be right for you
Read more »

T.J. Holmes And Amy Robach Aren’t Getting Booted Off ‘GMA3’ Despite Speculation, Sources SayT.J. Holmes And Amy Robach Aren’t Getting Booted Off ‘GMA3’ Despite Speculation, Sources SayT.J. Holmes and Amy Robach's fate at ABC is still up in the air. Despite talk that the 'GMA3' anchors are unlikely to return, ABC isn't looking for potential replacements, TMZ reports. The outlet has learned that ABC's currently focused on completing the full investigation to determine whether or not any company protocols were violated by Holmes…
Read more »

Toronto is getting its first ever Valentine's-themed barToronto is getting its first ever Valentine's-themed barValentine's Day is right around the corner, and like Christmas and Halloween, Toronto is now getting a themed bar to celebrate the holiday. The bes...
Read more »



Render Time: 2025-04-18 23:51:05