Lithography machine orders account for 30% of ASML’s announcement: The Chinese market must not be lost

According to news on April 27, the Dutch ASML company is the only company in the world that can produce EUV lithography machines. It is also the main supplier of DUV lithography machines required for mature processes. The company has faced some export restrictions in recent years, but the CEO said He said he would not give up on the Chinese market and would continue to sell.

ASML CEO Peter Wennink recently talked about the U.S. chip subsidy bill and the development of the semiconductor industry in an interview. He pointed out that large subsidies in the United States and Europe may increase the volatility of the industry, making it impossible to absorb the new production capacity immediately, resulting in continuous duplication of the industry. Crisis of shortage or surplus.

As for the Chinese market, Wennink believes that under European and American restrictions, Chinese companies will develop their own alternative technologies, which is normal. However, China is the world's largest technology market. ASML cannot give up and still needs to obtain access to the Chinese market.

He pointed out that mainland China is the third largest market after Taiwan and South Korea, and a large number of local chip factories are still under construction. Cooperation with ASML is very important to both parties.

As for the domestic market, ASML’s latest financial report shows that Chinese companies contributed 22% of ASML’s revenue in the first quarter, and orders for mature process lithography machines accounted for about 30%, an increase of 10% from the end of last year. Moreover, this year’s demand for electric vehicles and mature processes The demand will also increase and the demand will become stronger.