ASML is the world's only maker of extreme ultraviolet (EUV) lithography machines that can meet advanced chip foundry requirements, such as Apple's latest iPhone processors manufactured by Taiwan's TSMC.
Semiconductor industry is the focus of cooperation of many countries.
South Korean President Yoon Suk-yeol is currently on a four-day visit to the Netherlands to seek to build a “semiconductor alliance” between the two countries. The head of the Korean government visited ASML’s headquarters with King Willem-Alexander of the Netherlands and toured the production site of the next-generation EUV machine.
“ Technological innovation led by ASML is becoming a powerful driving force of the fourth industrial revolution worldwide. Dutch semiconductor companies such as ASML and ASM are building new facilities for production, R&D and talent training in Korea ,” the South Korean presidential office said.
Meanwhile, Samsung is the world's largest maker of memory chips, used in consumer devices like smartphones and computers. South Korean chipmakers rely on ASML's EUV machines to produce chips faster and more efficiently than their competitors.
The statement also said ASML will partner with another South Korean chip giant SK Hynix, the world's second-largest DRAM chipmaker, to reduce power usage and costs for EUV through hydrogen gas recycling technology.
The Yoon administration has said that semiconductors are “a pillar of cooperation between South Korea and the Netherlands.” He said the visit to the Netherlands aims to help both countries “establish a well-organized institutional framework to thoroughly address global semiconductor supply chains,” amid the emergence of semiconductors as strategic assets and rising geopolitical risks surrounding global supply chains.
(Source: CNBC)
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