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
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is 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. Global Banking & Finance Review® operates a Digital-First Banking Awards Program and framework — an industry-first digital only recognition model built for the modern financial era, delivering continuous, transparent, and data-driven evaluation of institutional performance.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    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.

    Home > Headlines > 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

    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 Rubio says US is not disputing Navalny poisoning assessment by Europeans
    Rubio says US is not disputing Navalny poisoning assessment by Europeans
    Image for Iran says potential energy, mining and aircraft deals on table in talks with US
    Iran says potential energy, mining and aircraft deals on table in talks with US
    Image for Macron urges calm after activist's death sparks political clash
    Macron urges calm after activist's death sparks political clash
    Image for Ukraine's Zelenskiy says allies to provide new energy and military aid within 10 days
    Ukraine's Zelenskiy says allies to provide new energy and military aid within 10 days
    Image for Ukrainian anti-graft authorities detain ex-minister in major case
    Ukrainian anti-graft authorities detain ex-minister in major case
    Image for Australia pledges $2.7 billion to progress nuclear submarine shipyard build
    Australia pledges $2.7 billion to progress nuclear submarine shipyard build
    Image for UK minimum wage is raising youth unemployment, Bank of England's Mann says
    UK minimum wage is raising youth unemployment, Bank of England's Mann says
    Image for Don't get sense EU countries ready to give Ukraine date for membership, EU's Kallas says
    Don't get sense EU countries ready to give Ukraine date for membership, EU's Kallas says
    Image for Taiwan president vows to strengthen island's defences in Lunar New Year message
    Taiwan president vows to strengthen island's defences in Lunar New Year message
    Image for Israeli airstrikes kill 11 in Gaza, Palestinians say; Israel says Hamas violated truce
    Israeli airstrikes kill 11 in Gaza, Palestinians say; Israel says Hamas violated truce
    Image for Visa-only Games highlights Europe's payments headache
    Visa-only Games highlights Europe's payments headache
    Image for Russia's Taman port damaged by Ukrainian drone strike
    Russia's Taman port damaged by Ukrainian drone strike
    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