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Netherlands' chip tool export controls take effect: 4 things to know

Chinese semiconductor makers rush to buy equipment ahead of new rules

An assembly engineer works on a DUV lithography system at ASML in Veldhoven, the Netherlands, on June 16. The company will need a license to export its certain advanced equipment from Sept. 1.     © Reuters

TAIPEI -- The Netherlands joins the U.S. and Japan in imposing export controls on cutting-edge chipmaking tools with new licensing rules that take effect on Friday.

The Dutch company ASML, the world's most valuable maker of such equipment, says it will be able to continue shipments of some advanced machines this year but that from Jan. 1, "it is unlikely we will receive export licenses for these systems for shipment to domestic Chinese customers."

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