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ASML seeking alternative sources for neon gas amid Ukraine crisis

ASML seeking alternative sources for neon gas amid Ukraine crisis
ASML seeking alternative sources for neon gas amid Ukraine crisis   -   Copyright  Thomson Reuters 2022
By Reuters

AMSTERDAM -ASML Holding NV, a key supplier to computer chip makers, is examining alternative sources for the small amount of neon it uses in its factories in case a conflict between Russia and Ukraine disrupts supplies.

Although Ukraine is the world’s biggest producer of neon, ASML sources less than 20% of the gas from it uses from those countries, a spokesperson said on Wednesday.

Neon is a key material used in the gas-phase lasers used in chipmaking, and prices soared during the Russia-Ukraine conflict in 2014.

Most of the world’s semiconductors are manufactured in Asia, where ASML had 85% of its sales in 2021. The company’s key customers include TSMC, Samsung and Intel.