Netherlands-based ASML has confirmed that Samsung Electronics will invest and be a part of its Customer Co-Investment Program for Innovation to enable R&D of the next-generation lithography technologies. As part of the program, Samsung will contribute EUR 276 million over the next five years and will also pick up a 3 percent stake in the company for EUR 503 million.
Other partners in the program include Intel and TSMC and the funding will help ASML to “accelerate the development of key lithography technologies needed to extend Moore’s Law, notably Extreme Ultraviolet (EUV) lithography.”
ASML says this technology will benefit the entire industry to produce energy and cost efficient and more powerful devices.
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