ASML, headquartered in the Netherlands, plans to expand its business cooperation with Korean chip manufacturers in the development of EUV lithography hydrogen recovery technology in collaboration with SK Hynix. In addition to ASML's joint investment of 1 trillion Korean won (approximately 704 million euros) with Samsung Electronics to establish a chip research center in South Korea, ASML has also signed a memorandum of understanding with SK Hynix, the second largest chip manufacturer in South Korea, to develop a technology for recovering hydrogen gas used in extreme ultraviolet (EUV) lithography machines to reduce energy consumption.