3 ms·

All of these things require microchips and without ASML they wouldn't exist. I don't agree that Europe is on the decline. They are just in a different industry

• lttlrck 4y ago
  They would exist, they just wouldn't be as small/power efficient. Also, "necessity is the mother of invention".
• hilbert42 4y ago
  I worry about ASML. It's interesting that ASML is mentioned here when talking about an ailing Philips as it's a spinoff of the latter. My concern is that in the European environment it stands alone—it stands out amongst European manufacturers like a pimple. It's IP is already under attack from China and the chances of it hanging out indefinately over the long-term I reckon are pretty slim (but I truly hope I'm wrong). The trouble is that being the only standout in its environment (Europe) it becomes fair game, especially so when the cultural ethos isn't strong or is missing (NL and other European governments/EU should be doing more to protect it). Also, ASML isn't helping itself by objecting about being blocked from selling to China, short-term gain will likely be its long-term loss. To survive long-term, ASML needs to be amongst other like firms in a culturally similar environment and that's not the current situation.