Market Chatter: Dutch Ambassador Emphasizes Broader Chip Cooperation With South Korea Beyond ASML

MT Newswires Live05-25 10:12

The Netherlands-based chip equipment giant ASML supplies extreme ultraviolet (EUV) lithography machines to Samsung Electronics (KRX:005930) and SK Hynix (KRX:000660), however, the Netherlands' semiconductor ties with South Korea extend far beyond a single company, Peter van der Vliet, the Dutch ambassador in Seoul, told Nikkei Asia on Sunday.

Dutch firms ASM International, BE Semiconductor Industries, and the research organization TNO are active partners of South Korean chipmakers, the report said.

Vliet said that the two countries could deepen cooperation in next-generation chip manufacturing technologies, particularly in photonics, which uses light instead of electronics to process and transmit data in semiconductors, it said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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