US report says European giant, others sell to Chinese military-linked companies | International

WASHINGTON, Oct 8, 2025 (BSS/AFP) - A US Congressional committee report released Tuesday said that five major semiconductor equipment manufacturers, including European giant ASML, sold $38 billion worth of critical technology to China in 2024, including to companies flagged as US national security threats. The House Select Committee on the Strategic Competition between the United States and the Chinese Communist Party found that China now accounts for 39 percent of total revenue for the five leading "toolmakers" -- the specialized, highly complex machines needed to produce computer chips. The report mentioned US companies Applied Materials, KLA Corporation and Lam Research, but said ASML of the Netherlands and Japan's Tokyo Electron had substantially increased sales to restricted Chinese entities as Washington...