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Ex-ASML CEO predicts ongoing US-China chip battle: Telecom News

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Former ASML CEO Warns US-China Disputes Over Computer Chips are Ideological, Not Fact-based

In a recent interview with Dutch radio station BNR, the retired CEO of semiconductor equipment maker ASML, Peter Wennink, shared his perspective on the ongoing disputes between the US and China concerning computer chips. Wennink, who stepped down in April after a decade at the helm of ASML, highlighted that these conflicts are driven by ideological factors rather than factual evidence and are likely to persist.

ASML, Europe’s largest technology firm under Wennink’s leadership, has been caught in the crossfire of escalating tensions between the US and China since 2018. The US has imposed restrictions on the export of ASML’s tools to China, citing security concerns. More recently, efforts have been made to prevent the servicing of equipment already sold to Chinese customers.

Wennink criticized the negotiations between the US and China, stating, “These kind of discussions are not being conducted on the basis of facts or content or numbers or data but on the basis of ideology.” He emphasized the importance of managing the interests of stakeholders and expressed concern over ideological influences disrupting business relationships.

Despite the challenges presented by the geopolitical landscape, Wennink acknowledged ASML’s long-standing presence in China and the responsibilities that come with it. He mentioned lobbying efforts to balance export restrictions and addressing issues of intellectual property with Chinese authorities.

Wennink predicted that the chip war between the US and China could extend over decades due to the high stakes involved. He emphasized his commitment to serving the interests of customers, suppliers, employees, and shareholders, rather than aligning himself with any specific ideology or country.

As the global semiconductor industry continues to navigate these complex dynamics, Wennink’s insights shed light on the broader implications of the US-China disputes on technology and trade.

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