SEOUL — South Korea and the Netherlands officially commenced a semiconductor industry dialogue on Monday, aiming to enhance bilateral cooperation in this critical sector, the Ministry of Trade, Industry and Energy announced.
According to Yonhap News Agency, The inaugural meeting of the Korea-Netherlands Semiconductor Dialogue took place in Eindhoven, following an agreement in December to establish this collaborative channel. The agreement was reached during President Yoon Suk Yeol's state visit to the Netherlands, where both nations committed to forming a "semiconductor alliance."
During the meeting, officials from both countries discussed their respective semiconductor industry policies, exploring avenues for increased cooperation in chip design, manufacturing equipment, and packaging. They also reviewed the operation and future expansion of an education program designed to develop 500 experts from both countries by 2028. This initiative began earlier this month with 60 graduate students. Additionally, plans for a business roundtable and other events aimed at creating new business opportunities for major industry players were discussed. Lee Yong-phil, representing South Korea in the dialogue, highlighted the potential benefits of strengthened cooperation between the two nations for the stability of global semiconductor supply chains.