China Years Behind ASML’s Chipmaking Machines, CFO Dassen Says

Employees assemble a lithography machine at the ASML factory in Veldhoven, Netherlands.

Photographer: Jasper Juinen/Bloomberg
Lock
This article is for subscribers only.

It will take China years to catch up with ASML Holding NV’s chipmaking technology, according to a senior executive at the Dutch firm.

“Never say never,” Chief Financial Officer Roger Dassen said in an interview at company’s headquarters in Veldhoven, the Netherlands, adding that ASML is far ahead of Chinese competition. “Our technology is very advanced and has cost us many years to get to where we are today.”