Dutch manufacturer of chip-building equipment ASML will jointly invest 1 trillion South Korean won ($760 million) with South Korean chipmaker Samsung Electronics to make a plant that develops reducing-edge semiconductor processing technological innovation in South Korea.
The announcement came as South Korean President Yoon Suk-yeol is in the Netherlands for a 4-day check out which seeks to forge a “semiconductor alliance” among the two nations.
ASML is the world’s only maker of excessive ultraviolet (EUV) lithography devices that are expected to manufacture the most sophisticated chips such as people in the latest Apple iPhones which are produced by Taiwan’s TSMC.
“The technological innovation led by ASML is turning out to be a effective driving force of the Fourth Industrial Revolution close to the environment, and Dutch semiconductor providers these as ASML and ASM are constructing new services for creation, R&D, and expertise education in Korea,” South Korea’s presidential office environment said Tuesday.
Yoon frequented the headquarters of ASML on Tuesday with King Willem-Alexander of the Netherlands, and toured the creation web-site of following-generation EUV machines.
‘Turning point’ for Korea-Netherlands ties
Samsung is the world’s premier maker for dynamic random-access memory chips, which are employed in client units these as smartphones and pcs. South Korean chipmakers count on ASML’s EUV equipment to produce more quickly and much more effective chips than opponents.
The assertion also reported ASML will collaborate with South Korean chip giant SK Hynix, the world’s 2nd-major DRAM chipmaker, to lessen electric power usage and charges for EUVs through hydrogen gasoline recycling technology.
Ahead of his pay a visit to to the Netherlands, Yoon explained to media outlet AFP that semiconductors are “the linchpin of Korea-Netherlands cooperation.”
“The Netherlands is property to ASML, which makes the lithography tools that would make semiconductors, and for decades the two nations around the world have worked alongside one another ‘in an exemplary way,” the president reported at that time.
“[This] will mark a critical turning point for the Korea-Netherlands semiconductor alliance.”
He said this stop by to the Netherlands will help equally nations around the world “create a well-structured institutional framework that will intensively tackle global semiconductor provide chains,” even as semiconductors emerge as strategic assets and geopolitical challenges bordering world wide source chains increase.