February 28, 2024

TechNewsInsight

Technology/Tech News – Get all the latest news on Technology, Gadgets with reviews, prices, features, highlights and specificatio

Samsung and ASML intend to build an advanced chip factory in South Korea

Samsung and ASML intend to build an advanced chip factory in South Korea

Dutch chip-making equipment company ASML will jointly invest 1 trillion South Korean won ($760 million) with South Korea’s Samsung Electronics to build a factory that develops advanced semiconductor processing technology in South Korea.

This announcement came as South Korean President Yoon Suk-yeol visits the Netherlands on a four-day visit seeking to form a “semiconductor alliance” between the two countries.