ASML sees intellectual property violated

Netherlands-based photolithography system manufacturer ASML has complained that a Chinese company is selling products that infringe on ASML’s intellectual property rights, Bloomberg reports. ASML is the global market leader in equipment for manufacturing microchips. Chipmakers around the world rely on this equipment. The company had already accused China’s Dongfang Jingyuan Electron Ltd. of stealing corporate secrets in the past. Dongfang was selected by Beijing as a „small giant.“ These are enterprises that are given special support to help China catch up in key technology areas.