Canon’s new technology competes with ASML in chip manufacturing

According to a report from CNBC, Canon’s recently introduced “nanoimprint lithography” system represents the company’s competitive response to Dutch firm ASML, a dominant force in the extreme ultraviolet (EUV) lithography machine sector. ASML’s machinery is essential for producing cutting-edge chips, including those used in the latest Apple iPhones.

The utilization of these machines has been drawn into the technological conflict between the United States and China. The U.S., employing export restrictions and diverse sanctions, has aimed to obstruct China’s access to crucial chips and manufacturing machinery, hampering the progress of the world’s second-largest economy in a field where it is already perceived as lagging.

ASML’s EUV technology has gained significant traction among leading chip manufacturers due to its crucial role in enabling the production of semiconductors at 5 nanometers and below. This nanometer measurement pertains to the size of chip features, with smaller values accommodating more features on a chip, consequently enhancing semiconductor performance. $Canon (CAJPY.US)$ $ASML Holding (ASML.US)$