ASML·ASML Holding NV

China's top semiconductor executives are urging a national strategy to achieve self-sufficiency in lithography systems by 2030, highlighting the complexity of replicating ASML's integrated role. This ambition underscores China's ongoing drive for technological independence, particularly in the face of U.S. restrictions on advanced chip manufacturing. The executives specifically pointed to ASML's EUV equipment as an example of a system heavily reliant on intricate global supply chains. Separately, India is actively seeking Dutch expertise and investment to develop its domestic semiconductor industry. A recent trade delegation visited Eindhoven, a significant hub for chip equipment makers, to explore collaboration opportunities. New Delhi is offering substantial subsidies to attract fabrication plants, presenting potential new markets and diversification avenues for Dutch firms navigating export controls and trade restrictions. This engagement aligns with a broader "China-plus-one" strategy for Dutch companies looking to diversify their manufacturing operations.