The three major European chip manufacturers stated that they will abide by the export restrictions to China but have no plans to stop their business in China

According to the Financial Times, European chipmakers are seeking to stabilize their business in China as the global supply chain is complicated by increased US semiconductor export controls. The chief executives of STMicroelectronics, Infineon and NXP Semiconductors said in recent days that while they abide by U.S. export restrictions on the Chinese semiconductor industry, they have no plans to stop their operations in China.

The US Department of Commerce launched a new round of export control measures in early October to curb China's ability to build advanced computing technology and artificial intelligence by restricting access to US technology. Although European equipment suppliers (such as ASML) and chip manufacturers are less affected by the US export ban, because most of their exports to China are chips with mature processes, manufacturers are still worried about the uncertainty brought about by the US-China confrontation, which may interfere with the current market. Operations in China.

STMicroelectronics CEO Jean-Marc Chery (Jean-Marc Chery) said during the CEO roundtable at the recently held Munich Electronics Show: "China accounts for about 30% of our total revenue, and this is a market that we don't want to give up. We hope to continue supporting."

NXP CEO Kurt Sievers said the new export controls have not affected us so far, but since the new rules took effect last month, the company has advised U.S. employees to stop doing anything with customers involved in semiconductor manufacturing in China. communicate.

At present, the advanced chip manufacturing equipment market is mainly controlled by Kelei, Applied Materials, and Kelin in the United States, ASML in the Netherlands, and Tokyo Power Technology in Japan. Previously, the Nikkei Asian Review stated that US President Biden seems to be preparing to put more pressure on Japan and the Netherlands, asking them to join forces to prevent the flow of advanced chip technology to China. "I think you're going to see Japan and the Netherlands follow us," U.S. Commerce Secretary Gina Raimondo has said. While no specifics were mentioned, it appeared to be the first time a senior U.S. official had named specific countries when talking about cooperation on export restrictions.