Chinese Company Denies Alleged IP Infringement of ASML

SHANGHAI (Reuters) – China’s Dongfang Jingyuan Electron, which makes software program for chip manufacturing procedures, has denied stories about alleged IP theft from Dutch lithography big ASML Holding NV, calling them “false data.”

On an official social media account on Friday, the corporate mentioned the “current look of numerous stories associated to our firm in on-line media which are inconsistent with the info.”

Earlier this week, in an annual earnings report, ASML mentioned it had warned its prospects towards doing enterprise with Dongfang Jinguan, alleging it was advertising and marketing merchandise that will infringe on its mental property.

ASML added it was contemplating taking authorized motion towards the corporate.

ASML dominates the marketplace for lithography machines important to creating chips out of silicon wafers.

U.S. export restrictions have prevented the corporate from delivery its most breakthrough excessive ultraviolet (EUV) know-how to prospects in China. The curbs in impact stop Chinese language corporations from manufacturing superior pc chips.

(Reporting by Josh Horwitz; Modifying by Lincoln Feast.)

Copyright 2022 Thomson Reuters.

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