ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

ASML plans new chip equipment hub in South Korea

Dutch supplier to collaborate with Samsung, others amid China restrictions

Samsung leader Lee Jae-yong visits an ASML facility in the Netherlands on June 14. (Photo courtesy of Samsung)

SEOUL -- Semiconductor production equipment maker ASML will open a new support hub in South Korea, the Dutch company said on Tuesday, looking to establish more collaborative relationships with clients in one of its most important markets.

The company will build a 16,000-square-meter facility in the Seoul suburb of Hwaseong city, with an investment of 240 billion won ($181 million). Operations are expected to begin in the second half of 2024.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more