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MarketScreener Homepage  >  Equities  >  Euronext Amsterdam  >  ASML Holding    ASML   NL0010273215

ASML HOLDING

(ASML)
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ASML : The Netherlands forms task force to assess 5G security risks

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04/15/2019 | 06:14am EDT
Hanging cubes display 5G logo at the Mobile World Congress in Barcelona

AMSTERDAM (Reuters) - The Dutch government on Monday said it had established a special task force to weigh potential security risks as it prepares to build a 5G telecommunications network.

The announcement came after Dutch Prime Minister Mark Rutte on Friday said his government was still exploring options for 5G and had not yet formed an opinion on the possible role of Chinese companies.

The United States has lobbied Europe to shut out China's Huawei from such projects, saying its equipment could be used by the Chinese government for espionage.

That view was supported by the Dutch security service, which advised the government this month against using technology from countries with active cyber-hacking campaigns against the Netherlands, including China and Russia.

A Dutch decision could be influenced by the confirmation last week that Dutch company ASML, a global leader in semiconductor lithography machines, had been the victim of intellectual property theft, reportedly by Chinese employees.

"The task force is analysing the vulnerability of 5G networks for abuse by technology providers and what measures are needed to contain these risks," Justice Minister Ferd Grapperhaus wrote in a letter to parliament.

The task force will be inter-departmental, led by the national coordinator for counter-terrorism and security, and will work with the three largest network providers, KPN , T-Mobile and VodafoneZiggo.

A recommendation was expected by the end of May, the letter said.

(Reporting by Anthony Deutsch and Bart Meijer; Editing by Louise Heavens and David Holmes)

Stocks treated in this article : Royal KPN, ASML Holding
Stocks mentioned in the article
ChangeLast1st jan.
ASML HOLDING 0.14% 185.66 Delayed Quote.35.17%
ROYAL KPN -0.74% 2.693 Delayed Quote.5.98%
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Financials (€)
Sales 2019 11 684 M
EBIT 2019 2 880 M
Net income 2019 2 521 M
Finance 2019 1 136 M
Yield 2019 1,15%
P/E ratio 2019 30,33
P/E ratio 2020 21,36
EV / Sales 2019 6,57x
EV / Sales 2020 5,91x
Capitalization 77 870 M
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Number of Analysts 29
Average target price 185 €
Spread / Average Target 0,88%
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NameTitle
Peter T. F. M. Wennink Co-President & Chief Executive Officer
Martin A. van den Brink Co-President & Chief Technology Officer
Gerard Johannes Kleisterlee Chairman-Supervisory Board
Frédéric J. M. Schneider-Maunoury Chief Operations Officer & Executive VP
Roger J.M. Dassen Chief Financial Officer & Executive Vice President
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