Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now

Chinese spies target Dutch industries to strengthen military, intelligence agency says

Published 18/04/2024, 13:39
© Reuters. FILE PHOTO: Employees are seen working on the final assembly of ASML's TWINSCAN NXE:3400B semiconductor lithography tool with its panels removed, in Veldhoven, Netherlands, in this picture taken April 4, 2019. Bart van Overbeeke Fotografie/ASML/Handout vi

AMSTERDAM (Reuters) - Chinese spies have targeted the Dutch semiconductor, aerospace and maritime industries to try to strengthen China's armed forces, the Dutch military intelligence agency MIVD said in its annual report published on Thursday.

As part of an ongoing trend of Chinese political espionage against the Netherlands and its allies, China is investing heavily in the collection of western knowledge and technical capabilities, the agency said.

"China wants to be independent from western knowledge and technology (and) wants to build a military that can match any other," the MIVD said.

"To do so, it needs advanced technology it doesn't yet fully possess. It tries to get this abroad, using legal means such as research and investments, but also through its intelligence agencies."

Dutch intelligence agencies first publicly attributed cyber espionage to China in February, when they said state-backed cyber spies had gained access to a Dutch military network last year.

Last year, the Netherlands joined a U.S. effort to keep certain chipmaking technology from China for national security reasons, restricting the export by leading chipmaking equipment maker ASML (AS:ASML) of certain deep ultraviolet (DUV) equipment for Chinese customers.

Earlier this month, the U.S. government also pressed the Netherlands to stop ASML from servicing some tools in China, according to people familiar with the matter.

In its annual report, the MIVD said China continued to target western armed forces for their knowledge on modern weapon systems and operational expertise, while also seeking out other advanced industries.

"China tries to get hold of technology in the Netherlands in various ways, using a combination of (cyber) espionage, company insiders, acquisitions, circumvention of export restrictions and reverse engineering of technology for which no licenses are required," the agency said.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

The agency said Chinese intelligence agencies had broadened the scope, intensity and technical level of its cyber campaigns over the last year.

Chinese universities also play an important role in gathering intelligence, it said, as scientists who work with western companies often also work for China's security services and state companies.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.