Dutch producer of chip-making gear ASML will collectively make investments 1 trillion South Korean gained ($760 million) with South Korean chipmaker Samsung Electronics to construct a plant that develops cutting-edge semiconductor processing expertise in South Korea.
The announcement got here as South Korean President Yoon Suk-yeol is within the Netherlands for a four-day go to which seeks to forge a “semiconductor alliance” between the 2 nations.
ASML is the world’s solely maker of maximum ultraviolet (EUV) lithography machines which can be required to fabricate essentially the most superior chips reminiscent of these within the newest Apple iPhones that are manufactured by Taiwan’s TSMC.
“The technological innovation led by ASML is becoming a powerful driving force of the Fourth Industrial Revolution around the world, and Dutch semiconductor companies such as ASML and ASM are building new facilities for production, R&D, and talent training in Korea,” South Korea’s presidential office said Tuesday.
Yoon visited the headquarters of ASML on Tuesday with King Willem-Alexander of the Netherlands, and toured the manufacturing web site of next-generation EUV machines.
‘Turning level’ for Korea-Netherlands ties
Samsung is the world’s largest maker for dynamic random-access reminiscence chips, that are utilized in client units reminiscent of smartphones and computer systems. South Korean chipmakers depend on ASML’s EUV machines to supply quicker and extra environment friendly chips than opponents.
The assertion additionally stated ASML will collaborate with South Korean chip big SK Hynix, the world’s second-largest DRAM chipmaker, to scale back energy utilization and prices for EUVs by means of hydrogen fuel recycling expertise.
Forward of his go to to the Netherlands, Yoon told media outlet AFP that semiconductors are “the linchpin of Korea-Netherlands cooperation.”
“The Netherlands is home to ASML, which produces the lithography equipment that makes semiconductors, and for years the two countries have worked together ‘in an exemplary manner,” the president stated at the moment.
“[This] will mark a crucial turning point for the Korea-Netherlands semiconductor alliance.”
He stated this go to to the Netherlands will assist each nations “establish a well-organized institutional framework that will intensively address global semiconductor supply chains,” whilst semiconductors emerge as strategic property and geopolitical dangers surrounding world provide chains develop.
