US-China tech war: Chinese surveillance camera maker Hikvision to acquire second-hand ASML machine for chip production

Source: China – South China Morning PostHangzhou Hikvision Digital Technology, one of the world’s largest suppliers of video surveillance cameras, plans to buy a second-hand lithography machine made by Dutch firm ASML Holding for its in-house chip manufacturing operation, according to a source familiar with the matter, marking a big move for the Chinese state-owned firm toward tech self-sufficiency amid US trade restrictions and a global semiconductor shortage.Hikvision, which has been under a US trade blacklist since October 2019,…Read More

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