Chinese state-backed chipmaker targets Europe amid US resistance

Innotron in talks to acquire industry's most advanced equipment from ASML

An employee services a Twinscan machine at the ASML factory in Veldhoven. The Dutch company is the world's leading provider of equipment for making computer chips.

CHENG TING-FANG, Nikkei staff writer

October 22, 2018 18:54 JST

TAIPEI -- Chinese chipmaker Innotron Memory, which Beijing envisions becoming a challenger to industry heavyweights like Samsung Electronics and Micron Technology, is seeking technology from top European semiconductor equipment supplier ASML as the U.S. pushes back against China's high-tech ambitions.

Innotron CEO Zhu Yiming is visiting Europe this week, the Nikkei Asian Review has learned, on the heels of Chinese Premier Li Keqiang's nine-day Eurasia trip to meet European leaders and urge more openness and partnerships there.