Plans for Dutch chip powerhouse get €180M boost from ASML and TU/e

Hopes of making the Netherlands a global chip powerhouse have been boosted by a new deal between tech giant ASML and the Eindhoven University of Technology (TU/e).

The pair today pledged to spend €180mn on semiconductor research over the next 10 years. Alongside the investment, the duo have committed to expand their joint research and train more PhD students for the industry.

ASML will also provide funding for TU/e’s new “cleanroom,” a controlled environment for manufacturing chips.

The plans provide fresh impetus to Brainport Eindhoven — a tech hub in the city. TU/e hailed the partnership’s contribution to the region’s “unique position” in the world of semiconductors.

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Source : The Next Web