In December 2023, South Korea's ** Yoon Suk-yeol and Dutch Prime Minister Rutte issued a joint statement in the Netherlands, officially announcing that the two countries will build a "semiconductor alliance", aiming to strengthen cooperation in the field of semiconductors, fill the loopholes in the global ** chain, and compete for chip dominance. This announcement became an important milestone in cooperation between the two countries in 62 years since the establishment of diplomatic relations in 1961.
The joint statement mentioned that the leaders of the two countries recognize their unique and complementary positions in the semiconductor value chain and are committed to building a semiconductor alliance that includes the participation of **, companies and universities. South Korea's Yoon Suk-yeol said that the goal of the semiconductor alliance is to create the world's top super-gap advantage, and strengthen the cooperation between the two countries in the semiconductor field by jointly maintaining chip dominance, developing cutting-edge technologies and training the next generation of semiconductor engineers.
This cooperation is not only between the two parties, but also includes the active participation of industry and universities. The two countries will further deepen diplomatic and industrial cooperation through the establishment of the "2+2" ministerial dialogue and consultation mechanism, and work together to narrow the technological gap and jointly respond to the global first-chain crisis through regular consultations through economic and security dialogue. In addition, the commerce departments of the two countries will also establish a dialogue mechanism to coordinate chip policies and establish a memorandum of understanding (MOU) based on cooperation on the ** chain of key items.
In the field of semiconductors, South Korea has made a series of substantial progress in cooperation with the Netherlands. South Korean chipmaker Samsung Electronics and memory chip maker SK hynix rely on Dutch chip-making equipment, which is essential for making advanced chips. Specific projects include a collaboration with ASML, a Dutch supplier of semiconductor lithography equipment. According to reports, 500 chip engineers from the two countries will visit the semiconductor industry facilities in the Netherlands to further deepen the exchanges between the two countries in semiconductor technology. Samsung Electronics and ASML have reached a value of 7$600 million joint project to establish research centers and develop new chip device technologies. This not only helps to fill the loopholes in the ** chain, but also improves the efficiency of chip production.
The formation of the semiconductor alliance also provides new ideas for solving the global chip shortage. By establishing an alliance, South Korea and the Netherlands can better coordinate chip policies, jointly study solutions to deal with the disruption of the ** chain, and contribute to the stability of the global chip market. In addition, South Korea and the Netherlands have also carried out deeper cooperation in the field of digital technology, involving artificial intelligence, mobile communications, and quantum research, which will lay the foundation for the development of the two countries in the future digital economy era.
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