ASML CEO: Tensions Between the Netherlands and China Have Not Affected Chip Equipment Manufacturer
ASML's Business Stability: ASML's CEO stated that the company has not been impacted by the tensions between the Netherlands and China regarding the Dutch government's takeover of chipmaker Nexperia, asserting that business will remain stable in the short term.
Nexperia's Supply Chain Issues: The standoff between Nexperia's European operations and its Chinese plant has caused disruptions in chip supply, which are essential for the global automotive industry.
Communication Emphasis: CEO Christophe Fouquet highlighted the importance of communication to prevent escalation in conflicts, suggesting that the situation may have been mishandled.
Upcoming Diplomatic Efforts: A Dutch delegation is scheduled to visit China next week to engage in further discussions regarding the ongoing issues.
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