Samsung, ASML to invest W1 trillion to build research fab in Korea

Samsung Electronics and ASML agreed to jointly invest 1 trillion won ($762 million) to build a research fab in Korea to develop cutting-edge semiconductor manufacturing technologies using extreme ultraviolet (EUV) equipment, according to the Ministry of Trade, Industry and Energy, Tuesday.

Another Korean chip giant, SK Hynix, also signed a deal with the Dutch firm to jointly develop technology to reduce energy loss in semiconductor production by using EUV equipment.

The deals were reached during a meeting between key businesspeople from the semiconductor industries of both countries.