Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Privacy & Cookies Policies
    • Terms of Use
    • Advertising Terms
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    A global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure.

    Copyright © 2010-2026 - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    1. Home
    2. >Headlines
    3. >ASML customers include at least one with Chinese military links, Nieuwsuur reports
    Headlines

    Asml Customers Include at Least One With Chinese Military Links, Nieuwsuur Reports

    Published by Global Banking & Finance Review®

    Posted on December 9, 2025

    1 min read

    Last updated: January 20, 2026

    Add as preferred source on Google
    ASML customers include at least one with Chinese military links, Nieuwsuur reports - Headlines news and analysis from Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:customerstechnologyfinancial services

    Quick Summary

    ASML's customers reportedly include firms linked to the Chinese military. The company complies with export laws, with China being its largest market in 2024.

    ASML's Customers and Chinese Military Connections Revealed

    AMSTERDAM, ‌Dec 9 (Reuters) - Customers of chip equipment maker ‍ASML ‌include at least one firm with links to the ⁠Chinese military, Dutch ‌television program Nieuwsuur reported on Tuesday.

    The company said in a response that it could not confirm the ⁠report, but that it abides by all export laws, and ​so any equipment it has sold ‌was either granted an ⁠export license or does not fall under restrictions.

    Nieuwsuur reported that ASML had sold parts to ​a subsidiary of state-owned China Electronics Technology Group, an important supplier to the Chinese army.

    The report was based at least in part ​on ‍Chinese import and export ​data. It said ASML has also sold equipment to Shenzhen International Quantum Academy, as well as chipmakers SiEn (Qingdao) and SMBC, a subsidiary of SMIC .

    ASML, the biggest maker of equipment used to manufacture ⁠chips, does not disclose information about its customers.

    Chipmakers around the world ​are known to use its tools, including SMIC, China's biggest chipmaking firm. China was ASML's largest market in 2024, representing 36% ‌of sales or around 10 billion euros ($11.6 billion) worth.

    (Reporting by Toby Sterling, editing by Bart Meijer)

    Key Takeaways

    • •ASML customers include firms with Chinese military links.
    • •ASML adheres to export laws for all sales.
    • •China was ASML's largest market in 2024.
    • •Nieuwsuur reported sales to China Electronics Technology Group.
    • •ASML's equipment is crucial for global chipmakers.

    Frequently Asked Questions about ASML customers include at least one with Chinese military links, Nieuwsuur reports

    1What is ASML?

    ASML is a Dutch company that manufactures photolithography equipment used in the semiconductor industry, crucial for producing integrated circuits and microchips.

    2What is the Chinese military?

    The Chinese military, officially known as the People's Liberation Army (PLA), is the armed forces of the People's Republic of China, responsible for national defense and military operations.

    3
    What is a subsidiary?

    A subsidiary is a company that is completely or partially owned by another company, known as the parent company, which controls its operations and policies.

    More from Headlines

    Explore more articles in the Headlines category

    Image for Cricket-Bairstow joins Livingstone in criticising level of care in England set-up
    Cricket-Bairstow Joins Livingstone in Criticising Level of Care in England Set-Up
    Image for Mullally to be installed as first female Archbishop of Canterbury
    Mullally to Be Installed as First Female Archbishop of Canterbury
    Image for Cyprus seeks new security deal for UK bases, Telegraph reports
    Cyprus Seeks New Security Deal for UK Bases, Telegraph Reports
    Image for British army veteran completes record 100km Land Rover pull
    British Army Veteran Completes Record 100km Land Rover Pull
    Image for Pope Leo laments that Iran war 'getting worse and worse'
    Pope Leo Laments That Iran War 'getting Worse and Worse'
    Image for Denmark's left-wing bloc leads election but lacks majority, exit polls show
    Denmark's Left-Wing Bloc Leads Election but Lacks Majority, Exit Polls Show
    Image for Moldovan parliament backs energy state of emergency after power line put out of action
    Moldovan Parliament Backs Energy State of Emergency After Power Line Put Out of Action
    Image for US expected to send thousands more soldiers to Middle East, sources say
    US Expected to Send Thousands More Soldiers to Middle East, Sources Say
    Image for Brazil court places Bolsonaro under house arrest on health grounds
    Brazil Court Places Bolsonaro Under House Arrest on Health Grounds
    Image for Analysis-Gulf warnings and fears of miscalculation preceded Trump’s pause in Iran showdown
    Analysis-Gulf Warnings and Fears of Miscalculation Preceded Trump’s Pause in Iran Showdown
    Image for Italian justice undersecretary quits over mafia-linked restaurant scandal
    Italian Justice Undersecretary Quits Over Mafia-Linked Restaurant Scandal
    Image for One killed, 13 injured in Ukrainian drone attack in Russia's Kursk region, governor says
    One Killed, 13 Injured in Ukrainian Drone Attack in Russia's Kursk Region, Governor Says
    View All Headlines Posts
    Previous Headlines PostRussia's Top General Says Army Is Advancing in Ukraine and Targeting Myrnohrad
    Next Headlines PostFord to Use Renault Tech, Plants to Battle Cheap Chinese EVs in Europe