Japan, Netherlands to Join U.S. in China Chip Curbs, Bloomberg Reports

Japan and the Netherlands are reportedly soon to join the United States in imposing export bans on semiconductor manufacturing equipment to China, according to Bloomberg News on Friday.

According to the report, which cites unnamed “people familiar with the matter,” the trilateral discussions are expected to wrap up as soon as Friday U.S. time.

The Netherlands are considering tightening their restrictions on ASML Holding NV, which would effectively ban the company from selling equipment required for the production of certain types of advanced semiconductors. The report also stated that Nikon Corp. will face similar restrictions in Japan.

A deal between Dutch and US authorities could be reached before the end of the month, as representatives from both countries meet in Washington on Friday, Reuters reported on Friday.