Reserve the next Galaxy, Get a $50 Samsung Credit. New deals, S25 Ultra, Watch Ultra.
Last updated: May 14th, 2021 at 15:34 UTC+02:00
SamMobile has affiliate and sponsored partnerships, we may earn a commission.
Reading time: 2 minutes
ASML is the world's only supplier of EUV lithography equipment that's required for manufacturing high-end semiconductor solutions. Unfortunately for Samsung, ASML has already sold 70% of its equipment for EUV semiconductor manufacturing to TSMC, leaving the Korean tech giant without many options.
As part of South Korea's newfound efforts to remain a key player in the global semiconductor space, the Ministry of Trade, Industry and Energy has agreed to bring ASML into the country and help the company establish a remanufacturing plant and a training center for EUV lithography.
ASML will be responsible for refitting existing manufacturing plants in South Korea with the latest EUV equipment, and of course, its presence in Korea is expected to strengthen its collaboration with Samsung even further.
The Dutch EUV lithography equipment manufacturer will reportedly invest the aforementioned 240 billion won over the next four years though, so it's not as if Samsung's immediate concerns regarding its current position in the semiconductor market have been alleviated. But it's a start, and ASML's arrival in Korea will undeniably have great long-term benefits.
Mihai is a blogger and column writer at SamMobile. His first Samsung phone was an A800 which took a lot of beating, and a part of him still misses the novelty of the clamshell design. In his free time, he enjoys watching shows, documentaries, and stand-up comedy; listening to music, taking walks, and occasionally playing old(er) video games.
Trending
We'd like to show you notifications for the latest important news and updates