Best buy guide: Galaxy Watch 6 or Galaxy S24+. Woo-hoo join SamMobile on WhatsApp or Telegram!

SamMobile has affiliate and sponsored partnerships. If you buy something through one of these links, we may earn a commission.

Notifications
    News for you

    Samsung strikes a deal with ASML to buy next-gen chip machines

    Business
    By 

    Last updated: June 30th, 2022 at 13:28 UTC+02:00

    More details about the deal between Samsung and ASML are now available. Notably, Samsung and ASML have sealed the deal to produce High-NA (high numerical aperture) EUV Lithography equipment that is scheduled to come out next year. The next-gen High-NA EUV Lithography equipment can engrave finer circuits compared to the older EUV Lithography equipment.

    Not only that, with its next-gen capabilities, EUV Lithography equipment will help Samsung win the 3nm foundry market. According to a report by BusinessKorea, the unit price of a single High-NA EUV Lithography equipment is speculated to be around 500 billion won. This price is twice as high as the already available old-gen EUV Lithography equipment on the market.

    Samsung's total investment is estimated to be around 4 trillion won

    In the race to be the biggest chip manufacturer in the world, which has already intensified, Intel and TSMC have already sealed their respective deals with companies to supply them with next-gen EUV equipment. Samsung didn't want to be left out of the mix. This is why Samsung Vice Chairman Lee Jae-Wang's recent business trip to Europe was very important for the company, and it is exactly the outcome they wanted out of this trip.

    ASML can only produce 50 units of High-NA EUV Lithography equipment this year, and the delivery time is expected to be around one to one year six months. Samsung has reportedly secured 18 units of the EUV Lithography equipment units, taking the total investment by the company for the deal to 4 trillion won. Considering the delivery time, Samsung would be able to actually use high-NA EUV lithography equipment for its semiconductor process starting in 2024.

    Join SamMobile's Telegram group and subscribe to our YouTube channel to get instant news updates and in-depth reviews of Samsung devices. You can also subscribe to get updates from us on Google News and follow us on Twitter.

    Business ASMLSamsung Foundry

    You might also like

    Samsung is building another chip plant in the US

    Samsung is building another chip plant in the US

    Samsung Electronics is reportedly doubling its investment in the US to build and package advanced semiconductor chips. According to a report from The Wall Street Journal, Samsung has decided to increase its investment to a whopping $44 billion. That's $22 billion on top of what the company has already invested. Samsung will build a chip […]

    • By Asif Iqbal Shaik
    • 1 week ago
    Samsung’s profit rises by 931% in Q1 2024 as chip sales recover

    Samsung’s profit rises by 931% in Q1 2024 as chip sales recover

    Samsung has been struggling over the past couple of years, especially due to its most important product: memory chips. However, things now seem to be improving financially, as the company has reported a huge rise in its profit. Earlier today, Samsung revealed its earnings guidance for Q1 2024. Samsung's profit rises 931% on the back […]

    • By Asif Iqbal Shaik
    • 1 week ago
    Samsung CEO impressed by Tesla Cybertruck during test drive

    Samsung CEO impressed by Tesla Cybertruck during test drive

    Kye Hyun Kyung, President & CEO of Samsung Electronics’ Device Solutions Division, is on a tour of five cities in the United States to meet clients. During his tour, he got a chance to drive the Tesla Cybertruck and he seems pretty impressed with it. In a post on Instagram, Kyung shared a video of […]

    • By Abid Iqbal Shaik
    • 2 weeks ago
    Samsung formally introduces Exynos 1480 with 53% faster AMD-based GPU

    Samsung formally introduces Exynos 1480 with 53% faster AMD-based GPU

    A few weeks ago, Samsung launched the Galaxy A55, featuring the Exynos 1480 processor. However, the company had not formally announced the name of the chipset. Samsung is changing that now and is formally announcing its newest mid-range Exynos chip. Let us take a look at what's new with the Exynos 1480. Exynos 1480 is […]

    • By Asif Iqbal Shaik
    • 2 weeks ago
    Samsung expects $100 million revenue from chip packaging business

    Samsung expects $100 million revenue from chip packaging business

    Samsung Electronics held its 55th annual general shareholders meeting today at the Suwon Convention Center in Suwon, Gyeonggi-do, South Korea. The company revealed its strategy for this year and expects revenue of $100 from its chip packaging business. The company's 55th annual general shareholders meeting was attended by general shareholders, institutional investors, and top-level management […]

    • By Asif Iqbal Shaik
    • 4 weeks ago
    Samsung could get $6 billion grant from the US for chip plants

    Samsung could get $6 billion grant from the US for chip plants

    Samsung Electronics, one of the biggest chip-making firms worldwide, has grand plans to make advanced semiconductor chips in the US. To help with its plans, the US government had announced grants and tax sops. The South Korean firm is now close to getting a huge helping hand from the US government. A $6 billion grant […]

    • By Asif Iqbal Shaik
    • 4 weeks ago