Based on an announcement from the government of South Korea's Gyeonggi Province, ASML, the renowned Dutch chip - equipment maker, has made a substantial investment of around KRW 240 billion (equivalent to USD 164 million) to set up a brand - new campus in Hwaseong, a city located to the south of Seoul.

Spanning a vast area of 16,000 square meters, this campus is a multi - functional complex. It encompasses an equipment reuse and maintenance center, which is crucial for optimizing the performance and lifespan of high - tech chip - making equipment. A training center is also part of the campus, aimed at nurturing the next generation of skilled workers in the semiconductor industry. Additionally, there are office buildings to facilitate administrative and management operations.

One of the standout features of the campus is its remanufacturing center, specifically designed for components like DUV (Deep Ultraviolet) and EUV (Extreme Ultraviolet) lithography systems. These are cutting - edge technologies in the semiconductor manufacturing process. Moreover, the campus is projected to train approximately 2,000 technical professionals every year, which will significantly contribute to the development of the local semiconductor talent pool.