Lee and Schoof discuss chip cooperation Korea and the Netherlands
The Netherlands and South Korea want more cooperation in areas such as trade, investment, artificial intelligence, and cybersecurity.
Published on August 12, 2025
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South Korean President Lee Jae-myung spoke yesterday with Prime Minister Schoof about growing cooperation in the semiconductor industry. South Korea, a major producer of memory chips, sees the Netherlands, with ASML as the world leader in lithography systems, as a crucial partner. The focus is on expanding cooperation. The alliance could strengthen the position of both countries in the global economy.
Lee emphasized the importance of active communication at all levels to strengthen ties as strategic partners in the semiconductor sector.
Strengthening bilateral ties
Both parties underlined the strengthening of cooperation between the two countries in areas such as trade, investment, artificial intelligence, and cybersecurity. They agreed to further expand exchanges. This initiative comes at a time when South Korea has launched a task force to develop an AI-driven national power grid. The task force is a response to President Lee's call for an intelligent power grid that optimizes energy generation, storage, and consumption.
South Korean Trade Minister Yeo Han-koo said today that South Korea will expand cooperation with APEC countries due to changes in the global trade environment. He emphasized that recent changes in world trade will have a greater impact on the South Korean economy, given its heavy dependence on trade and manufacturing.