ASML considering taking legal action against Dongfang Jinguan over alleged intellectual property theft

Much like its denial of hacking attacks as alleged by various global law enforcement agencies and government, China’s Dongfang Jingyuan Electron, which makes software for chip manufacturing procedures, has denied reports of alleged IP theft from Dutch lithography giant ASML Holding NV.

In a statement put out on social media, the company said the “recent appearance of a large number of reports related to our company in online media that are inconsistent with the facts.”

Earlier last week, ASML had warned customers of doing business with China’s Dongfang Jinguan, saying its marketed products may infringe on its intellectual property.

ASML is considering taking legal action against Dongfang Jinguan. U.S. export restrictions have prevented the company from shipping its most breakthrough extreme ultraviolet (EUV) technology to customers in China.

Categories: Creativity, Entrepreneurship, HR & Organization, Regulations & Legal, Strategy

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