Samsung no longer holds ASML shares; puts chip production first
Samsung sold its entire stake in ASML late last year. The South Korean tech giant does not give a reason, but this was probably done to further boost activities surrounding its own chip production.
Samsung disposed of its entire 0.4 percent stake in ASML in December 2023, Bloomberg writes. It is... Read more
TU Eindhoven starts 5-day semiconductor program on Monday
60 top talents from South Korean universities and Eindhoven University of Technology will attend the Eindhoven-South Korea Future Chips Academy program from Feb. 19 to Feb. 23. The initiative involves ASML, ASM, imec and NXP.
An opening ceremony will occur on Monday morning, after which student... Read more
ASML faces uncertain 2024 with export restrictions and transition period
ASML refers to the list of export restrictions imposed on the company over time as business risks. While the impact of the pandemic on the chip industry is slowly being faded out, good results in 2024 are not assured due to the export restrictions. In addition, the company is taking this year to pr... Read more
Canon machines to become low-cost ASML alternative
Canon plans to deliver a new range of chip machines before the end of this year. Eventually capable of producing the world's most advanced processors, the equipment looks set to become much cheaper and more efficient than dominant market leader ASML.
"We would like to start shipping this year or... Read more
ASML might soon expand to other European countries
ASML warns it will give meaning to its "transition year" in yet another way if the Dutch government does not change its take on immigration policy. It is very clear in its wishes because the chip machine manufacturer needs foreign talent to keep developing itself. That focus on innovation has becom... Read more
ASML hits record annual revenue of 27.6 billion euros in turbulent 2023
ASML recently presented its annual figures for the turbulent year 2023. The company posted record sales of 27.6 billion euros. 2024 is expected to be a 'transition year'.
ASML recorded a total revenue of 27.6 billion euros in 2023, as stated in its annual report for last year. On an annual basis... Read more
“ASML scrapped shipments to China under pressure from US”
The Netherlands has further curtailed export licenses for ASML equipment toward China. In addition, the Veldhoven-based company reportedly scrapped a number of deliveries to that country after U.S. authorities requested it do so.
Speaking to Reuters, ASML confirmed that two machines will not rea... Read more
ASML makes good on its promise: first High-NA EUV scanner heads to Intel
Departing CEO of ASML Peter Wennink promised that his company would deliver the first of its state-of-the-art EUV scanners before the end of 2023. With days to spare, Intel has become the first customer to receive one. As a result, the American chipmaker can finally dream of outcompeting its rivals... Read more
Alliance between ASML, Samsung and SK Hynix to combat reliance on China
A new alliance between ASML and South Korea's Samsung and SK Hynix is intended to fight against the existing reliance on China in the chip industry. Together they will construct a research lab for advanced chip technologies in South Korea. The cooperation was announced during South Korean President... Read more
New York gets new R&D chip complex, purchases advanced ASML machines
There will be a new research complex for advanced chips at the University of Albany in New York. New York State, along with IBM and Micron, among others, is investing $10 billion.
The new facility will be built at the Albany NanoTech Complex, The Wall Street Journal reports. New York State itsel... Read more