China demands access to Dutch chipmaking tech despite security concerns.

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Source: Yahoo Finance
TL;DR Summary

China's foreign minister has urged his Dutch counterpart to provide access to advanced chipmaking technology that has been blocked on security grounds, warning against unfounded fears of Beijing that could spoil relations. The Netherlands has imposed restrictions on the supply of lithography machines available only from a single Dutch company that use ultraviolet light to etch tiny circuits on next-generation processor chips. The lack of that tool is holding back Chinese efforts to develop chips for smartphones, artificial intelligence, and other advanced applications.

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