安世中国恢复对欧供货，只要客户满足三项条件，荷兰总部直接傻眼

Core Viewpoint - The situation surrounding ASML and its Chinese subsidiary highlights the complexities of geopolitical tensions and the shifting dynamics in the semiconductor industry, particularly the growing independence of Chinese firms in the global supply chain [1][3][18] Group 1: Events Leading to the Situation - On September 30, the Dutch government invoked a wartime emergency law to take control of ASML, citing national security concerns, which was perceived as a politically motivated action [3][5] - The Dutch government's actions were influenced by recent U.S. regulations aimed at preventing Chinese infiltration, leading to a miscalculation regarding ASML's operational dependencies in China [3][5][11] Group 2: ASML China's Response - ASML China announced the resumption of chip supplies to Europe under three new conditions: re-signing supply agreements, using RMB for transactions, and prioritizing domestic orders [1][7][8] - The requirement for RMB settlements signifies a move to diminish the dominance of the U.S. dollar in semiconductor trade, reflecting China's broader strategy to expand its currency's global usage [10][18] Group 3: Impact on European Automotive Industry - European automakers, heavily reliant on ASML's chips, faced potential production halts, prompting them to pressure the Dutch government for negotiations with China [5][11] - The automotive sector's dependence on ASML's power semiconductors, which hold nearly 20% of the global market share, underscores the critical nature of this supply chain [5][11] Group 4: Long-term Implications - The Dutch government's actions have backfired, leading to a realization that the European semiconductor supply chain is significantly dependent on China, affecting various industries including automotive and communications [11][13] - ASML China is expected to see a doubling of its annual output value in the next two years, positioning it among the top five power semiconductor suppliers globally [13][18]