Netherlands firm ASML's stocks fall since China's Huawei unveiled a new patent

[Path-Finder]

https://twitter.com/x/status/1609008735128817664

 

[K_Bin_W]

China will make it, it has a history of success.



Those that fail to learn from history are doomed to repeat It.

 

[Hamartia Antidote]

It was falling a lot worse earlier in the year

 

[Yongpeng Sun-Tastaufen]

ASML is on borrowed time. When China makes EUV, no one will buy ASML which is much more expensive than Chinese cheap labor.

 

[S10]

ASML is on borrowed time. When China makes EUV, no one will buy ASML which is much more expensive than Chinese cheap labor.

Actually labor cost is not that much of a factor when it comes to high tech sector. You will find SMIC and Huawei paying engineers fairly competitive wages even in China (~$80k to $100k USD equivalent). The more complex a product is, the less the cost of labor plays into it.

China won't be able to manufacture EUV at half the price of ASML if that's what you're suggesting. At most, 10% to 20% cheaper is all you can hope for.

 

[Yongpeng Sun-Tastaufen]

Actually labor cost is not that much of a factor when it comes to high tech sector. You will find SMIC and Huawei paying engineers fairly competitive wages even in China (~$80k to $100k USD equivalent). The more complex a product is, the less the cost of labor plays into it.

China won't be able to manufacture EUV at half the price of ASML if that's what you're suggesting. At most, 10% to 20% cheaper is all you can hope for.

Netherlands lacks the natural resources to make those machines which China has plenty of. The cost of ASML machine is quite a bit more than Chinese counterpart.