South Korea’s President Visits ASML to Strengthen Tech Ties

(Bloomberg) — South Korean President Yoon Suk Yeol became the first foreign head of state to visit the cleanroom of ASML Holding NV in the Netherlands, highlighting a technology alliance between two countries that each serve as a mainstay of global semiconductor supply chains.

Yoon visited ASML’s headquarters with Dutch King Willem-Alexander on Tuesday to see the production of next-generation extreme ultraviolet (EUV) lithography machines, according to a statement from the South Korean presidential office. Earlier, ASML said separately it would team up with Samsung Electronics Co. Ltd. to build a plant that will develop cutting-edge semiconductor processing technology in South Korea.