South Korea’s Samsung has followed Intel and TSMC by taking a stake in Dutch chip machinery maker ASML.
Samsung has acquired a 3% stake in ASNL for €503m and invested a further €276m in ASML’s new innovation programme. The three companies now own a combined 23% in the Dutch firm, which they have bought for €3.85bn.
ASML had put 25% of its shares up for sale in an effort to raise cash for a crucial research programme to develop the next generation of smaller computer chips.
‘These technologies will benefit the entire industry, and will enable smarter, more powerful, more energy-efficient and cheaper electronic devices for consumers,’ ASML said in a statement on Monday.