U.S. secures take care of Netherlands, Japan on China chip export restrict

WASHINGTON (Reuters) – America has secured a take care of the Netherlands and Japan to limit exports of some superior chip-making equipment to China in talks that concluded on Friday, Bloomberg reported, citing individuals acquainted with the matter.

The settlement would lengthen some export controls america adopted in October to corporations primarily based within the two allied nations, together with ASML Holding NV, Nikon Corp and Tokyo Electron Ltd, the report added.

(Reporting by Kanishka Singh; Modifying by Tim Ahmann)

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