China is Far from Catching up with ASML's Chip-Making Tools
Dow Jones
Yesterday
0931 GMT - Chinese companies are still years away from producing chip-making machines that could rival ASML Holding's lithography equipment, UBS analysts write in a note to clients. The Dutch group supplies deep ultraviolet machines as well as its most advanced extreme ultraviolet systems that chip makers need to produce semiconductors. "Our base case continues to be that China won't achieve an EUV tool within the next 10 years; looking at patents, they seem to be at a similar stage to ASML in 2004," analysts say. As for less advanced DUV machines, they say it could take another two to five years before China can be competitive.
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