20241007 refurbishment center in Taoyuan

At ASML's refurbishment center in Taoyuan, Taiwan, old lithography machines are overhauled for reuse in chip production as part of the company's commitment to sustainability. (Photo by Chungi Chen)

Asia to remain center of chip industry despite West's push: ASML CEO

Europe and U.S. must address 'costs and flexibility' to have global impact

VELDHOVEN, Netherlands -- The buildup of chip production in Western countries is unlikely to shift the industry's balance of power away from Asia, according to Christophe Fouquet, president and CEO of ASML, the Dutch maker of highly prized semiconductor making machinery.

Fouquet spoke to Nikkei Asia in an exclusive interview at ASML's headquarters a few weeks after traveling to Dresden, Germany, for the groundbreaking ceremony for Taiwan Semiconductor Manufacturing Co.'s first European plant, seen as crucial to the bloc's effort to restore its chip production prowess.

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