Dutch Foreign Minister “Establishes a semiconductor working group with Korea to discuss investment”

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“MOU signed during President Yong’s state visit on the 11th
“Additional technical cooperation in the nuclear power plant field has also been concluded.”

“Korea and the Netherlands will form a semiconductor-related intergovernmental working group (working group) to exchange opinions on semiconductor promotion policies and investment plans.”

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Dutch Foreign Minister Hanker Brawins Slott (pictured) said in a recent interview with the Dong-A Ilbo at the Ministry of Foreign Affairs building in The Hague, “We intend to sign a memorandum of understanding (MOU) on strengthening people-to-people exchanges in the semiconductor industry during President Yoon Seok-yeol’s state visit in December. “He said. He emphasized, “Both Korea and the Netherlands are currently facing the same challenges in the fields of (semiconductor) human resource development and next-generation technology research and development (R&D),” adding, “There is ample potential for cooperation in R&D, innovation, and human exchanges.”

This interview with Minister Brawins Slott was conducted ahead of President Yoon’s state visit to the Netherlands from the 11th to the 14th.

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Minister Brawins Slott also emphasized cooperation in the nuclear power field between the two countries. He said, “As a follow-up to the joint statement on establishing a ‘strategic partnership’ signed by President Yoon and Dutch Prime Minister Mark Rutte in November last year, we decided to sign an MOU on additional technical cooperation regarding nuclear power plants,” and added, “Our government will focus on the specific common interests in the MOU.” “We are in close consultation with the Korean side to understand the topic,” he said. He continued, “Korea has become a trustworthy partner in Asia for the Netherlands,” and “as a middle power with shared values, the relationship between the two countries will be further strengthened.” Regarding the North Korean nuclear issue, Minister Brawins Slott said, “We can never accept North Korea’s possession of nuclear weapons as a normal situation.”

ASML is a Dutch company that exclusively produces and supplies extreme ultraviolet (EUV) exposure equipment used in semiconductor ultra-fine processes. The Netherlands is considered a semiconductor-related powerhouse. A Dutch government official emphasized, “In the Netherlands, not only is there the well-known ASML, but there is also NXP.” NXP, headquartered in Eindhoven, is a global semiconductor company that produces automotive semiconductors. It is known that Hyundai Motor Company is also a major customer of NXP and has a close partnership.

The Netherlands is also investing actively in the development of the emerging field of quantum computing. Postdoctoral researcher Jiwon Yoon, who met at QU Tech, a research institute located within TU Delft, emphasized, “Delft TU Delft and QTech are in a leading position in the field of quantum computing, not inferior to the United States.”

Yoon Seok-yeol government

The Hague =

Source: Donga

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