ASML says in annual report export curb worries hit customer spending in 2024

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ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/asml” target=”_blank”>ASML, the large computer chip equipment maker that has been impacted by successive waves of U.S.-led restrictions on exports to ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/china” target=”_blank”>China, said in its annual report published on Wednesday that uncertainty over ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/export-controls” target=”_blank”>export controls had been one factor weakening customer demand in 2024.

” ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/macroeconomic-uncertainty” target=”_blank”>Macroeconomic uncertainty – including [over] ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/technological-sovereignty” target=”_blank”>technological sovereignty and export controls – led certain customers to remain cautious and control capital expenditure.” it said.

ASML said that a growing number of entities in China, which accounted for 36% of sales last year,…



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ASML says in annual report export curb worries hit customer spending in 2024


ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/asml” target=”_blank”>ASML, the large computer chip equipment maker that has been impacted by successive waves of U.S.-led restrictions on exports to ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/china” target=”_blank”>China, said in its annual report published on Wednesday that uncertainty over ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/export-controls” target=”_blank”>export controls had been one factor weakening customer demand in 2024.

” ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/macroeconomic-uncertainty” target=”_blank”>Macroeconomic uncertainty – including [over] ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/technological-sovereignty” target=”_blank”>technological sovereignty and export controls – led certain customers to remain cautious and control capital expenditure.” it said.

ASML said that a growing number of entities in China, which accounted for 36% of sales last year,…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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