South Korea and the Netherlands agree to expand in Semiconductor Industry

To increase the surge, South Korean President Yoon Suk-yeol and Dutch Prime Minister Mark Rutte met with each other.

South Korea and Netherlands agree to expand in Semiconductor Industry (1)

Reportedly, the meeting of the two nations’ administrators has been done in order for further cooperation in the Semiconductor segment. Therefore, to increase the surge between Korea and Netherlands. South Korean President Yoon Suk-yeol and Dutch Prime Minister Mark Rutte met with each other. In this meeting, ASML CEO Peter Wennink, Samsung Electronics chairman Lee Jae-Yong, and SK Group chairman Chey Tae-won promised to have closer cooperation.

In addition to this information, currently, both Samsung Electronics and SK Hynix are using ASML EUV lithography equipment. Whereas the unit cost of the same is 500 billion won in terms of amount.

While the yearly supply quantity is only 40 units or so. And hence a number of semiconductor makers are intended to acquire it. As the news comes from industry sources, this year’s quantity becomes 51. Out of which 18 and 22 have been allotted to Samsung Electronics and TSMC respectively.

At the same, this is have been heard, as announced by ASML that it would increase its annual EUV and DUV lithography equipment supply to 90 and 600 units respectively. In contrast, the collaboration of closer cooperation is likely to include an increase in supply to Samsung Electronics and SK Hynix.

Also, the ASML CEO attended his company’s Hwaseong Cluster groundbreaking ceremony on November 16. Whereby, the unit on an aggregate with an area of 16,000 square meters is scheduled to be completed by 2024. To be home till remanufacturing and also for lithography equipment training centers. Additionally, ASML is planning to invest 240 billion won there.

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