• 2026.11.11 (Wed)
  • All articles
  • LOGIN
  • JOIN
Global Economic Times
[등록] 2026-09-01 15:48:31
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
    • Pet Life
    • Halal Horizon
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
    • International Student Report
    • With Ambassador
  • Column
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Bong-seon's Photo Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
MENU
 
Home > Industry

ASML CEO: China's Semiconductor Industry Lags 10-15 Years Behind

Ana Fernanda Reporter / Updated : 2024-12-29 10:03:54
  • -
  • +
  • Print


Amsterdam, Netherlands – ASML Holding, the world's leading supplier of lithography machines used to manufacture semiconductor chips, has warned that China's semiconductor industry is at least a decade behind its major competitors.

In an interview with Dutch newspaper NRC, ASML CEO Peter Wennink stated that while Chinese companies like SMIC and Huawei have made significant strides, particularly in 7nm node production, they still face a substantial gap in advanced semiconductor technology.

Wennink attributed this gap in part to the export controls imposed on advanced chipmaking equipment, notably the extreme ultraviolet (EUV) lithography systems that ASML exclusively supplies. "The EUV export ban is a major roadblock for China's semiconductor ambitions," Wennink said. "Even if China were to develop its own EUV technology, it would likely take at least 10-15 years, by which time Samsung and TSMC would have already moved on to the next generation of technology."

The ASML CEO also expressed concerns about the increasing geopolitical tensions surrounding the semiconductor industry. "It seems that economic motivations are being masked by national security concerns," Wennink said, referring to the US government's tightening sanctions on China.

ASML's assessment comes as the global semiconductor industry grapples with supply chain disruptions and escalating trade tensions. The company's EUV systems are seen as essential for producing the most advanced chips used in smartphones, artificial intelligence, and high-performance computing.

[Copyright (c) Global Economic Times. All Rights Reserved.]

  • #globaleconomictimes
  • #seoulkorea
  • #periodicoeconomico
  • #글로벌이코노믹타임즈
  • #GET
  • #GETtv
  • #한국기업
  • #한국기술
  • #대한민국
  • #coreadelsur
  • #재외
Ana Fernanda Reporter
Ana Fernanda Reporter

Popular articles

  • US Army Conducts Rare Temporary Burial Drills to Prepare for Worst-Case Large-Scale War Scenarios

  • ISEF 2026: “Goodness for All” Paves the Way for Indonesia’s Islamic Economy and Finance

  • Stay in the U.S. Starting at $70K? "It Means Go Back to Your Country," Students Reeling from Shock

I like it
Share
  • Facebook
  • X
  • Kakaotalk
  • LINE
  • BAND
  • NAVER
  • https://globaleconomictimes.kr/article/1065574962988447 Copy URL copied.
Comments >

Comments 0

Weekly Hot Issue

  • Busan Previews Marine Taxi Service with Media Test Run on Suyeong River
  • Busan's Mascot Boogi Dazzles Crowds in First-Ever Live Fan Showcase
  • Busan Forges Closer European Ties in Maritime, Port, and Design to Accelerate Global Hub Ambitions
  • Empowering Innovation: South Korea Boosts Tourism Startups and Revitalizes Regional Economies
  • Buyeo County Hosts Milestone 150th Imcheon Peddler Heritage Festival
  • Buyeo County Rolls Out 2026 Financial Incentives for Eco-Friendly Forestry Farmers

Most Viewed

1
South Korea and Ethiopia Sign Trilateral MOU to Introduce Liquid-Based Cytology (LBC) Technology for Cervical Cancer Diagnosis
2
US Army Conducts Rare Temporary Burial Drills to Prepare for Worst-Case Large-Scale War Scenarios
3
World Citizens are Flying Directly to Busan... The Era of 4 Million Foreigners is Just Around the Corner
4
Eating 100g of Baechu Kimchi Daily Linked to Lower High-Cholesterol Risks
5
From Kim Whanki to Pokémon Cards... Seoul Auction Opens the Floodgates
체리가든 스토리
nutri huevos
로타리
동포저널

Hot Issue

LG Electronics and Skyscanner Partner to Bring Smart Travel Planning to Living Rooms

Regional Tourism in South Korea Struggles as Infrastructure Lags Behind Inbound Airport Growth

Miky Lee Honored with Asian Hall of Fame’s Centennial Medal for Pioneering Global K-Culture

Fashion Runway Show 2026

Let’s recycle the old blankets in Jeju Island’s closet instead of incinerating them.

Global Economic Times
korocamia@naver.com
CEO : LEE YEON-SIL
Publisher : KO YONG-CHUL
Registration number : Seoul, A55681
Registration Date : 2024-10-24
Youth Protection Manager: KO YONG-CHUL
Singapore Headquarters
5A Woodlands Road #11-34 The Tennery. S'677728
Korean Branch
Phone : +82(0)10 4724 5264
#304, 6 Nonhyeon-ro 111-gil, Gangnam-gu, Seoul
Copyright © Global Economic Times All Rights Reserved
  • News K
  • 반달곰 프로젝트
  • 광고문의
Search
Category
  • All articles
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being 
    • 전체
    • Pet Life
    • Halal Horizon
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life 
    • 전체
    • International Student Report
    • With Ambassador
  • Column 
    • 전체
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Bong-seon's Photo Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
  • Overseas Koreans
  • Multicultural News