ASML Strengthens Asian Foothold with Major South Korean Investment

ASML, the Dutch semiconductor equipment manufacturer, has made a strategic power play in Asia with the inauguration of a $164 million campus in South Korea. The location places the company directly adjacent to its primary clients, Samsung and SK hynix. The personal attendance of CEO Christophe Fouquet, who held meetings with top executives from both corporations, underscores ASML’s ambition not merely to protect its monopoly in chip-making machinery but to expand it significantly.

The opening ceremony served as a platform for high-level discussions. CEO Christophe Fouquet, who assumed his role in April 2024, met with Jun Young-hyun, Vice Chairman of Samsung Electronics. This followed a previous meeting with Kwak Noh-jung, the CEO Read more...