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ASML and Samsung Partner to Build $760M Research Center in Seoul for Advanced Chip Technology

The investment aims to accelerate the development of cutting-edge memory chip equipment using extreme ultraviolet lithography
South Korea
s 005930.KO Blue Chip 150 Tech 350 Semicon 75
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In a strategic move to advance in the semiconductor sector, ASML and Samsung Electronics have joined forces, committing 1 trillion won ($760 million) to establish a research center in Seoul’s metropolitan area. This initiative aims to spearhead the development of next-generation memory chip equipment, leveraging extreme ultraviolet lithography (EUV) technologies.

This collaboration was formalized with a memorandum of understanding signed at ASML’s headquarters in Veldhoven, the Netherlands. The signing coincided with South Korean President Yoon Suk Yeol’s state visit to the Netherlands, where he emphasized the strengthening of the semiconductor alliance between South Korea and the Netherlands.

The new research center signifies a major step in the global race to develop advanced semiconductors. Industry giants such as Samsung, Taiwan Semiconductor Manufacturing Co., and Intel are vying to lead in producing 2-nanometer chips, utilizing ASML’s cutting-edge EUV equipment.

In a parallel development, ASML also reached an agreement with SK Hynix, another prominent South Korean chipmaker. This agreement focuses on developing technology to reduce energy consumption in EUV processes, with a particular emphasis on recycling hydrogen gas.

The deals underline the importance of EUV technology in modern chip manufacturing. SK Hynix already uses ASML’s EUV equipment for its 10-nanometer DRAM manufacturing process, having previously secured a long-term supply agreement worth 4.8 trillion won in 2021.

As the semiconductor industry gears up for the next wave of technological innovation, these collaborations mark a significant milestone, potentially reshaping the competitive landscape in the global chip market.

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