Asm Set To Invest Around 100M In Korean R D Manufacturing Operation Signs Mou With Trade Energy Industry Ministry
Almere, The Netherlands – Seoul, South Korea February 2, 2023, 3:00 a.m. CET ASM intends to significantly expand its manufacturing and innovation center in Dongtan, South Korea, through a multi-year investment totaling around US$100 million by 2025. ASM International N.V. (Euronext Amsterdam: ASM) today announced its intention to invest around US$100 million in its manufacturing and innovation center in Dongtan, South Korea, by 2025, following the signing of a Memorandum of Understanding between ASM and the Ministry of Trade, Industry and Energy of the Republic of Korea (‘MOTIE’)....