ASML CEO Peter Wennink expects further antagonism between the United States and China over semiconductor technology, even as a new administration is set to take over in Washington, he told the Reuters Next conference on Thursday.
The Netherlands-based technology giant has already been caught up in the trade war between Washington and Beijing, with the halting of sales of its latest machines, worth roughly US$200 million each, to China due to U.S. government pressure.Some industry watchers had hoped that the transition from U.S. President Donald Trump's administration to President-elect Joe Biden would ease tensions.
"That has a competitive space there and that creates this antagonism and that's what we have seen," he said referring to the U.S. restrictions on trade with China.
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