Global leaders in the semiconductor and display industries are increasing their R&D investments in South Korea and strengthening their partnerships with South Korean companies in the industries.

German company Merck recently decided to invest 600 million euros in South Korea for four years to come. It is planning to invest three billion euros worldwide in that period for the purposes of employment, R&D and facility expansion and 20 percent of the investment will be made in South Korea so that the company’s display and semiconductor material manufacturing capacities can be boosted.

Tokyo Electron is adding R&D facilities to its plant in Hwaseong. The semiconductor equipment manufacturer is working closely with SK Hynix and the new facilities are expected to accelerate their collaboration.

ASML is planning to invest 240 billion won in Hwaseong for four years to come. There, it is going to build a training center in relation to its local clients including Samsung Electronics and SK Hynix. Equipment repair and maintenance facilities and an office building are also scheduled to be built.

Lam Research recently completed plant construction in Hwaseong so that its local production capacity can be doubled. The company is currently producing chemical vapor deposition equipment and etching modules in Osan and Yongin.


 

●Origin：Business Korea
●Link：http://www.businesskorea.co.kr/news/articleView.html?idxno=81219