ASML’s suppliers said to be looking at Asian plants outside China

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ASML’s suppliers said to be looking at Asian plants outside China
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Singapore is being considered as a potential location for regional headquarters, a note says

Hanoi/Amsterdam — Suppliers to Dutch chip-making machines giant ASML are considering building plants in Southeast Asia instead of China amid political tensions between Beijing and the West, according to two sources and documents.

The possible investments are part of a wider, long-term strategy to reduce exposure to China, two people familiar with the plan said. ASML's lithography systems can cost up to €160m each and are used to create the circuitry of computer chips.

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