ASML's Second Quarter Shipments to China Show Resilience Despite Export Restrictions

Wednesday, 17 July 2024, 13:00

ASML reported a significant rebound in China shipments during the second quarter, with nearly half of its global total being delivered to the region. This growth comes amidst US export restrictions on ASML's cutting-edge machines, highlighting the company's ability to navigate challenges in the market. The resilience in Chinese demand for ASML products is a positive sign for the company's performance moving forward.
South China Morning Post
ASML's Second Quarter Shipments to China Show Resilience Despite Export Restrictions

ASML's China Shipment Recovery

ASML saw a remarkable recovery in its shipments to China in the second quarter, with close to 50% of its global shipments directed towards the region.

Export Restrictions Impact

The growth in China shipments is particularly noteworthy considering the export restrictions imposed by the US on ASML's most advanced machines.

Market Resilience

This resilience in Chinese demand showcases ASML's adaptability and market positioning amid challenging geopolitical circumstances.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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