South Korean President Yoon Suk Yeol Aims to Strengthen Semiconductor Cooperation During Netherlands Visit

President Yoon Suk Yeol of South Korea expressed the intention to enhance semiconductor collaboration during his upcoming state visit to the Netherlands. The visit is expected to bolster ties between the two countries, with a focus on semiconductor partnerships that would benefit South Korea’s defense industry and exports.

Yoon emphasized the critical importance of securing a stable semiconductor supply chain for the defense sector. South Korea achieved record-breaking weapons exports of $17.3 billion last year, making it one of the largest arms exporters globally. The President plans to engage in discussions with the Netherlands to strengthen the semiconductor alliance during his state visit next week, highlighting the role of semiconductor cooperation in defense industry capabilities and global opportunities for exports.

The visit will include a tour of the ASML headquarters, a leading chipmaking equipment manufacturer, and discussions with key industry leaders.