Yoon Meets with ASML CEO... Discussion on Semiconductor Cooperation

President Yoon Suk-yeol met with Peter Wennink, CEO of ASML, at the Yongsan Presidential Office on the afternoon of the 28th to discuss semiconductor cooperation, the presidential office announced.

Lee Do-woon, spokesperson, stated in a written briefing that President Yoon and CEO Wennink shared the view on the necessity and importance of global cooperation for the expansion and development of the semiconductor industry ecosystem.

ASML is the world's leading semiconductor lithography equipment manufacturer and plans to invest 240 billion KRW by 2025 to build a semiconductor equipment cluster called the 'New Campus' in Hwaseong, Gyeonggi Province.

[Image source=Yonhap News]

President Yoon evaluated ASML's status in the global semiconductor supply chain as the sole supplier of extreme ultraviolet (EUV) lithography equipment essential for ultra-fine semiconductor processes, and requested the strengthening of competitiveness and expansion of cooperation through smooth equipment supply to Korea's advanced semiconductor manufacturers.

He also expressed hope that the Hwaseong cluster would become a hub for strengthening collaboration between domestic materials, parts, and equipment companies and ASML, thereby contributing to the reinforcement of the domestic semiconductor industry ecosystem.

CEO Wennink expressed great pleasure that the construction of the Hwaseong semiconductor cluster is progressing smoothly and expressed gratitude for the support from the Korean government. He also positively evaluated the growth of major Korean semiconductor companies, which are key customers, and Korea's investment environment, hoping to continue discussions on semiconductor investment cooperation measures.

President Yoon personally handed a promotional booklet to CEO Wennink, saying, "The Korean government is willing to provide maximum investment incentives, so I hope the specific contents of the booklet will be of practical help in investment review."

Meanwhile, President Yoon and CEO Wennink met for the second time on this day, following a semiconductor business leaders' meeting held in connection with the Korea-Netherlands summit in November last year.

This content was produced with the assistance of AI translation services.