News ASML claims US ban on servicing China chipmaking tools will not hurt the company

[Admin]

The Dutch government may ban ASML from servicing high-end wafer fab tools in China, but the outgoing ASML CEO says this will not be a major problem for earnings.

ASML claims US ban on servicing China chipmaking tools will not hurt the company : Read more

 

[Co BIY]

This should come as little surprise.

Most businesses would rather sell new products than service old ones. If you are in a near monopoly position then extending the useful life of your older products clearly competes with your new sales.

 

[CmdrShepard]

If that's what they think, then they are delusional. Probably just wishful thinking on their end designed to calm down investors and shareholders.

Not performing your contractual obligations on already sold products because you were forced not to by a 3rd party is bad for business.

Who would want to buy from your company if someone else is going to dictate whether they will get support for their purchases or not?

 

[DavidMV]

If that's what they think, then they are delusional. Probably just wishful thinking on their end designed to calm down investors and shareholders.

Not performing your contractual obligations on already sold products because you were forced not to by a 3rd party is bad for business.

Who would want to buy from your company if someone else is going to dictate whether they will get support for their purchases or not?

That was the agreement that allowed ASML to merge with a US company. Remember, half of ASML tech is American. ASML knew the risk.