Last year, a former ASML employee based in China was accused of stealing trade secrets about advanced chipmaking equipment from the company. It was later claimed that the worker had likely been hired by Huawei.

First you outsource to China, then you’ll be out of business after 10 years. Managers never learn.

That headline is brilliant!

There is too little competition in the chipmaking market. I look forward to more competition.

How does this help their predicament? Isnt this markedly worse?