Samsung, SK hynix shares slide on weak ASML forecast

Samsung Electronics and SK hynix shares slipped by over 2 percent each after ASML's outlook for 2025 took a cut in the wake of a weak third quarter.

2024-10-16

Industry Ministry on its path to make the Korean equivalent of ASML

The Ministry of Trade, Industry and Energy announced the "super eul" plan to create a local version of ASML — indispensable to the market and impervious to global tension.

2024-08-20

Hwaseong mayor, ASML public affairs VP discuss research center in city

Jeong Myeong-geun, mayor of Hwaseong, Gyeonggi, far right, has talks with Frank Heemskerk, executive vice president of ASML's global public affairs, second from left, at Hwaseong City Hall on Thursday.

2024-07-04

U.S. pushing Korea to intensify chip sanctions on China

The United States is pressuring allies including Korea, the Netherlands, Germany and Japan to impose chip export sanctions on China and limit its access to advanced chip technology.

2024-03-07

From polycrisis to polyopportunity

South Korea is well positioned to seize this moment of “polyopportunity.”

2024-03-05

Samsung to build $280 million chip research center in Japan

Samsung Electronics plans to establish a $280 million research center in Japan. The new research center will hire 100 researchers and officially open in 2024.

2023-12-21

Samsung-ASML research center to be located in Dongtan

Samsung Electronics and ASML will open a one trillion won ($762 million) research center in Hwaseong, Gyeonggi, where Samsung's chip cluster is being planned.

2023-12-15

Yoon calls for logistics cooperation between Busan, Rotterdam ports

President Yoon Suk Yeol said he looks forward to continued cooperation between Rotterdam Port in the Netherlands and Busan Port, a global logistics hub, at a bilateral business forum during his state visit.

2023-12-14

Korea, the Netherlands to establish 'semiconductor alliance' during summit

Korea and the Netherlands will formally establish a “semiconductor alliance" in a joint statement to be adopted by President Yoon Suk Yeol and Prime Minister Mark Rutte in a bilateral summit Wednesday.

2023-12-13

Yoon, flanked by Samsung and SK chiefs, pledges support for chip cooperation in visit to ASML

President Yoon Suk Yeol, accompanied by executives of Korea's top chipmakers, visited leading Dutch semiconductor equipment maker ASML's global headquarters in Veldhoven in the Netherlands with King Willem-Alexander on Tuesday afternoon.