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Samsung Electronics and ASML will collaborate to invest USD 760 million to build an advanced semiconductor fabrication plant in South Korea. The plant will utilize next-generation EUV (extreme ultraviolet) equipment. ASML is the world’s only manufacturer of EUV lithography machines, which are used to manufacture the most advanced chips used in mobile phones.
The announcement came during South Korean President Yoon Suk-yeol’s four-day visit to the Netherlands. President Yoon Suk Yeol is attempting to create a "semiconductor alliance" between the two nations. During his visit, Yoon stated that semiconductors are “the linchpin of Korea-Netherlands cooperation.” In November of last year, South Korea and the Netherlands signed a strategic partnership agreement to boost semiconductor manufacturing.
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Meanwhile, to reduce the power consumption and expenses of EUVs via hydrogen gas recycling technology, ASML will partner with SK Hynix for this project. SK Hynix is the fourth largest semiconductor manufacturer in the world.
The deal between Samsung and ASML is a major development in the semiconductor industry. It will help to accelerate the development of new chip technologies and strengthen the cooperation between South Korea and the Netherlands.
About ASML NV
ASML Holding N.V., commonly shortened to ASML, is a Dutch multinational corporation founded in 1984. It is the world's largest supplier of semiconductor equipment and the only company that manufactures extreme ultraviolet (EUV) lithography machines, which are essential for producing the most advanced chips.
ASML's EUV machines are the most advanced in the world, and they are in high demand by major chipmakers such as Intel, Samsung, and TSMC. The company has a dominant position in the EUV market, and it is expected to continue to grow in the coming years. One of the latest projects of ASML is the new semiconductor fabrication plant in Taipei City.
A New Semiconductor Fabrication Plant in New Taipei City, Taiwan
In November 2022, ASML unveiled its plans to build a new factory in New Taipei City, Taiwan. This facility will primarily focus on supporting international customers and contributing to the development of the semiconductor industry in the region. Details on the specific projects it will support are still under wraps.
About Samsung Electronics
Samsung Electronics is a South Korean multinational electronics company headquartered in Suwon, South Korea. It is the world's largest manufacturer of smartphones, semiconductors, image sensors, and TVs. Samsung is also a major producer of home appliances, digital cameras, memory chips, and other electronic components. Here are some of the major ongoing projects at Samsung Electronics.
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