US-China tech war: Chinese surveillance camera maker Hikvision said to acquire second-hand ASML machine for chip production

//US-China tech war: Chinese surveillance camera maker Hikvision said to acquire second-hand ASML machine for chip production

US-China tech war: Chinese surveillance camera maker Hikvision said to acquire second-hand ASML machine for chip production

Hangzhou Hikvision Digital Technology, one of the world’s largest suppliers of video surveillance cameras, plans to buy a second-hand lithography machine made by Dutch firm ASML Holding for its in-house chip manufacturing operation, according to a source familiar with the matter, marking a big move for the company toward tech self-sufficiency amid US trade restrictions and a global semiconductor shortage.Hikvision, which has been under a US trade blacklist since October 2019, is expected to…

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By | 2022-03-16T13:30:13+00:00 March 16th, 2022|Technology|Comments Off on US-China tech war: Chinese surveillance camera maker Hikvision said to acquire second-hand ASML machine for chip production