Arab Today, arab today samsung to invest 779 mn euros
Last Updated : GMT 12:19:39
Arab Today, arab today
Arab Today, arab today

Samsung to invest 779 mn euros

Arab Today, arab today

Arab Today, arab today Samsung to invest 779 mn euros

Seoul - AFP

South Korean electronics group Samsung is to invest 779 million euros ($975 dollars) in the Dutch microchip maker ASML, with about one-third earmarked for research and development, it said Monday. An ASML statement said that \"Samsung Electronics has joined its Customer Co-Investment Program for Innovation and has committed to contribute 276 million euros to ASML\'s research and development of next generation lithography technologies over five years.\" An additional 503 million euros will buy three percent of the equity in ASML under the same conditions as other programme participants, it added. They include Intel Corporation of the United States, and Taiwan Semiconductor Manufacturing Company. Between the three groups, Samsung, Intel and TSMC are to own 23 percent of the shares in ASML, and allow the Dutch group to reach its target of raising 1.38 billion euros for R&D. Intel paid three billion euros for a 15-percent stake, while TSMC bought five percent of the Dutch company for 1.1 billion euros. ASML is considered a bellwether for the micro-processor industry, as it produces machines used to make integrated circuits and computer microchips. It employs almost 8,000 people and is present in 16 countries.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today samsung to invest 779 mn euros Arab Today, arab today samsung to invest 779 mn euros

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today samsung to invest 779 mn euros Arab Today, arab today samsung to invest 779 mn euros

 



Arab Today, arab today Designer Rania Adel reveals her new collection

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: أخبار الشركات
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 23:13 2017 Sunday ,18 June

New ransomware virus attacking mobiles in Oman
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday