SK Hynix to buy $8 billion in ASML chipmaking tools in largest disclosed order

SEOUL: Chipmaker SK Hynix said on Tuesday it will purchase 11.95 trillion ‌won ($7.97 billion) ⁠worth of ⁠ASML’s EUV lithography tools, used to create chip circuitry, in the largest single order publicly disclosed by an ASML customer.

In a regulatory filing, SK Hynix said it would purchase the tools by December 31, 2027 for use in the mass production of new products. Reuters reported in January that the firm plans to accelerate the opening of ⁠a new ‌plant in Yongin city to February 2027 to meet rising demand for memory chips.