[addy34]

For anyone interested in the the details, China Talk released a podcast last week on the updated export controls, which discussed the enormous quantity of ASML machinery purchased by China in the leadup to the regs being tightened [1].

From Bloomberg:

"China accounted for 46% of ASML's sales in the third quarter, compared to 24% in the previous quarter and 8% in January to March."

[1] https://podcasts.apple.com/gb/podcast/emergency-pod-export-c...

[1] https://podcasts.google.com/feed/aHR0cHM6Ly9jaGluYWVjb250YWx...

[hashtag-til]

> China accounted for 46% of ASML's sales in the third quarter

Any idea on how many that represents? They don't produce like thousands per year, correct?

[tooltalk]

It's all in ASML's 3Q IR presentation, "Net system sales breakdown (Quarterly)"- Q3'23 Net system sales €5,308 million,

Sales in lithography units:

  11 EUV, 32 Arfi, 9 ArFdry, 44 KrF, 16 i-Line.

China has no access to EUV; no sales breakdown by model.

[PaywallBuster]

Isn't ASML booked months/years in advance just as much as TSCM?

Can they really order that much within months?

[tooltalk]

This has been going on for a while and China had plenty of time to place orders ahead:

  "Wennink tells CNBC that the average lead time of ASML's machines is roughly a year and a half to two years and that “when you look at the relatively short expectations… of a potential recession, then customers are of course not canceling any orders because they could find themselves in the back of the queue when this" ...Jan 25, 2023