ASML: The Chinese market is expected to perform better than expected this year, and there are no plans to set up factories in the United States
2025-04-17 19:09:51

On April 16, lithography machine giant ASML said at its first quarter earnings conference that the demand for ASML chip manufacturing tools in the Chinese market in 2025 was stronger than expected. ASML Chief Financial Officer Dai Houjie said that China's demand remains strong, especially for mainstream chips, both in the domestic market and for exports to other markets. ASML also made a series of comments on the impact of US tariff policies on the company at the earnings conference. Dai Houjie said that the potential impact can be roughly divided into the following categories: the first category is to impose tariffs on complete systems shipped to the United States; the second category is to impose tariffs on parts and tools used in on-site operations in the United States; the third category is that the company has a production and manufacturing link in the United States, and materials imported into the United States and manufactured in the next step in the United States will also be subject to tariffs; the fourth category is that other countries impose tariffs on goods shipped from the United States (if applicable). The above categories are direct impacts of tariffs. ASML said it has no plans to move its lithography machine manufacturing plant to the United States like TSMC to cope with potential tariffs.
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