EUV lithography machine from ASMLIt is one of the most advanced and highest-tech equipment in the current semiconductor industry. ThisLithography machineThe number of parts involved is more than 100,000, and there are more than 5,000 first-chain manufacturers. This means that it can take up to a year to assemble and commission the parts. Due to the extremely high difficulty of its R&D and productionEUV lithography machineIt is also very expensive, and it is very common for a unit to cost more than $100 million. Be that as it may,EUV lithography machine from ASMLSupply outstrips demand, so much soasmlSometimes its sale must be restricted. However, China, as one of the world's fastest-growing and largest semiconductor markets, is rightLithography machineThe demand is huge, hence the chips in ChinaOEMMaker fromasmlPurchased a large number of themLithography machine
However, what is infuriating is that the United States does not want to see China's semiconductor industry flourish, so it has formed a "tripartite alliance" with Japan and the Netherlands to formulate their own export control policies for semiconductor equipment and restrict Japan'sNikonCanon, as well as the Dutch onesasmlTo Chinese companies**Lithography machine。According to Japan's export control policy, from July 2023, lithography equipment below 40nm will not be exported to Chinese companies. And in accordance with the Dutch export control policy,asmlIt will also not be possible to combine multiple modelsLithography machineExports to China have severely limited its sales channels to Chinese companies.
However, surprisingly,asmlImplementationLithography machineAfter the export control, a strange phenomenon appeared. According to late January 2024asmlThe released 2023 financial report data showsasmlrevenue reached 27.6 billion euros, up 30 percent year-on-year. And the Chinese market is occupiedasml29% of full-year revenue, more than double from 14% in 2022. Specifically, in the second quarter of 2023, the Chinese market occupiedasml24% of total revenue, 46% in the third quarter and 39% in the fourth quarter. And in the two months of November and December, Chinese companies fromasmlPurchasedLithography machineThe amount skyrocketed by 1000% year-on-year. Such an increase was previously unimaginable.
There may be three reasons for this strange phenomenon: First,asmlPersonally admit that the needs of Chinese enterprises have been basically deliveredLithography machineorders, a large part of which are pre-2022 orders. So, in 2023asmlAfter the implementation of export controls, it is necessary to obtain export controls on Chinese enterprisesLithography machineThe sharp increase in exports is largely due to the release of previous order stocks.
Secondly, thoughasmlI implemented it in September 2023Lithography machineexport controls, but the company still obtained export licenses for several lithography systems such as 2050i, 2100i, 2000i, 1980i, etc. These paragraphsLithography machineIt can basically meet the needs of Chinese chipsOEMmanufacturers demand for the production of chips, hence the Chinese chipsOEMManufacturers have purchased these modelsLithography machine, which is also causedasmlOne of the important reasons for the significant increase in revenue in China.
Third, as a business,asmlThe primary goal is to make a profit. The Chinese market isasmlAn important order market, tooLithography machineThe market with the fastest growing demand. Therefore,asmlAlways looking to sell to Chinese companiesLithography machineasmlof executives have repeatedly stated that they oppose the decoupling policy and are unwilling to restrict sales to Chinese companiesLithography machine。If the restriction is to Chinese companies**Lithography machine, then 15 years laterasmlwill be lostLithography machineMarket Dominance. Therefore,asmlHopefully, it willLithography machineSell to Chinese companies, and Chinese companies want to buyLithography machine。In this mutually beneficial situation,ASML lithography machineSoaring exports became a natural thing.
To sum up, enterprises pursue the maximization of profits in business, and even if they are under external pressure, they will not compromise easily. That's inasmlThe body is fully reflected. As the world's most powerful, the most advanced technology, the most abundant production capacityLithography machineMaker,asmlThere is enough resilience and wisdom to copeLithography machineexport control policy, tooasmlAble to provide large-scale to Chinese companies**Lithography machinewhere the confidence lies. Believed in 2024,asmlStill take it in strideLithography machineexport controls, which continue to be provided to Chinese companiesLithography machine
To sum up, thoughasmlImplementedLithography machineexport controls, but the Chinese market still played a positive role in its revenue growth. Whether it's releasing the stock of previous orders, or getting someLithography machineexport licensing, or the full use of business acumenasmlAll smoothly with high qualityLithography machineIt meets the needs of Chinese enterprises and maximizes their own profits. Needless to say,asmlIt has strong technical strength and flexibilityBusiness StrategyIt has achieved great success in the international market competition.