ASML CEO said: Europe does not have enough chips of its own, and it is wrong to worry about China's competition
In order to suppress China's chips, the entire United States and Western camps have taken action, such as the United States, which has mastered many key chip technologies, such as South Korea, which has mastered the giant Samsung, and the Japanese ......, which is dead but not stiff in the field of semiconductor equipment
Originally, it was a fight between the gods, but no one expected that the European Union, which had nothing but ASML, also made a fuss, claiming that it would compete with China for chips, which was really confusing.
The CEO of ASML ripped off the fig leaf of old Europe and made a sound.
He said: Europe doesn't even have enough of its own chips, so why worry about competition from China?
The American media pointed out even more unceremoniously: Now Europe wants to rebuild the semiconductor industry, which is a joke at all!
Following closely China and the United States, Europe has also launched a chip race
The global science and technology race is surging, and the old Europeans also want to get a piece of the pie; Following closely behind China and the United States, the European Union has also proposed a large number of chip subsidies and strongly invited major chip manufacturers to build factories in Europe.
As early as the beginning of the 21st century, semiconductor companies from Europe have almost always been in the world's top 5, but in the end, because of the rise of Asian chips and the double crit of various suppressions by the United States, they finally hiccuped.
As a result, today's Europe, like the United States, is also facing the problem of industrial hollowing, due to the pull of its infrastructure, TSMC and Samsung have to build factories in the local area, and the cost has to be raised to more than two or three times.
So in the current European chip manufacturing industry, it is almost equivalent to panning for gold in the toilet.
But the EU still did it, after last September, Europe's "Chips Act" officially came into effect, requiring the EU to account for 20% of the world's chip production by 2030, competing with the development of China's chip manufacturing industry.
ASML President: Europe should be honest
Of course, there are also people of insight in Europe who pointed out that the purpose of the "EU Chips Act" is to make the European chip industry not lag behind others, so it is necessary to support innovation and expand the market, so China, the world's largest market, cannot be lost.
Neither can blindly engage in a zero-sum game with China Chip, and there is still a lot of room for cooperation between the two sides.
ASML CEO Wennink also spoke out, saying that Europe's concerns about China's alleged overinvestment in the chip industry are wrong, and that only 10% of all electric cars produced in China are made by Chinese chip factories.
This means that Europe does not need to worry about China's investment in the chip industry at all, and China still has a long way to go to achieve full localization.
Therefore, ASML believes that Europe should honestly promote the chip industry, which is not enough locally, and look for opportunities to cooperate with Chinese chips, and not fall into the ideological field at will.
Afterword
ASML itself is a European company that has tasted the sweetness of cooperation with China.
Chinese mainland overtook South Korea in 2023 to become ASML's second-largest market, accounting for 29% of ASML's lithography system sales.
The American core is closed and restricted, but the Chinese core is open and open, and one day the real chip localization will not give up globalization, and Europe must clearly realize this. List of high-quality authors