Yoon's visit to the Netherlands aimed at shoring up "chip alliance"
South Korean chipmakers need ASML's machinery.
Korean President Yoon Seok-youl is visiting the Netherlands and promoting the chip industry. The Netherlands is home to ASML, one of the leading producers of photolithography machines, which are used to produce chips. Korean companies like Samsung and SK Hynix are big users of ASML technology.
As of 2021, South Korea accounts for 1.53% of the Netherland…
