SK hynix to purchase 12 tln won worth of chip equipment from ASML

SEOUL, March 24 (Yonhap) -- SK hynix Inc. on Tuesday decided to purchase advanced production equipment worth 12 trillion won (US$7.9 billion) from the Netherlands-based ASML, in line with efforts to address growing demand for memory chips.

The South Korean chipmaker announced the decision through a regulatory filing, noting the equipment, extreme ultraviolet (EUV) scanners, will be delivered by December 2027 for its next-generation production processes.