ASML, the Dutch chip equipment maker, has accused a former employee in China of stealing data related to its proprietary technology.
The breach may have violated certain export control regulations, the company said Wednesday in its annual report, adding that it did not believe the incident was material to its business. The firm has reported the infraction to authorities and is now adding new “remedial measures in light of this incident,” it added.
’s disclosure comes amid heightened scrutiny over who should have access to its technology. The company is known for its prowess in making lithography machines, which uses light to print patterns on silicon. That step is crucial in the mass production of microchips. A hot-button issue Because of its dominance in the market,
told CNN in a statement last month that rules were “being finalized” on export controls that could affect the company. However, the firm said it did not expect any material impact on its financial projections for 2023, citing initial comments by government officials and market conditions. has acknowledged that the company could face more threats as it continues to gain prominence. In its annual report, it noted that as its visibility continued to grow, “there is a risk that this may lead to actions that may adversely impact the security of
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