- Registration date2024-05-14
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Deputy Minister for International Trade and Investment Choi Woo-seok attended the completion ceremony of UK-based company Edwards’ newest plant on May 14 in Asan, South Chungcheong Province, for producing key components for extreme ultraviolet lithography (EUV).
The global leader of vacuum pumps for semiconductor manufacturing, Edwards moved its production facilities from the UK to Korea in 2009 and has since built a total of five plants in Cheonan and Asan, including the newly built Asan plant. Minister for Trade Inkyo Cheong visited the older Asan plant in January this year to discuss business issues and future investment plans.
Edwards’ new Asan plant will be producing integrated vacuum solutions and waste gas treatment equipment to be used in the EUV process, which will then be supplied to a number of semiconductor producers, including Samsung Electronics, SK Hynix, Intel, and TSMC.
The Asan plant is anticipated to stabilize the supply chain of EUV parts and equipment, bolster Korea’s own parts and equipment production competitiveness, and help to secure the semiconductor super gap, while also strengthening cooperative ties with advanced chip firms around the world. The domestic economy expects to benefit from local job creation and the estimated yearly KRW 300 billion plus in exports as well.