Samsung Electronics Vice Chairman Lee Jae-yong, on a business trip to the Netherlands, “failed” to secure high-tech semiconductor equipment with technical problems.
On the 18th, Vice Chairman Lee left the press conference in panic without answering reporters' questions about securing semiconductor equipment and performance related to mergers and acquisitions (M&A).
Previously, President Yoon Seok-yeol called the Dutch Prime Minister in March when he was elected and requested Samsung support.
Vice Chairman Lee, who left the country on the 7th, visited ASML headquarters in the Netherlands on the 14th and met with CEO Peter Beninck, and also met with Dutch Prime Minister Mark Rutter one after another.
Taiwan TSMC announced on the 16th at the TSMC Technology Symposium held in Silicon Valley, USA, to install ‘High Numerical Aperture (NA) EUV’, the next-generation extreme ultraviolet (EUV) exposure equipment of ASML of the Netherlands in 2024.
Dutch semiconductor equipment maker ASML exclusively produces EUV exposure equipment essential for ultra-fine semiconductor processes under 7 nm, and has already signed a delivery contract with Intel in the United States earlier this year.
Intel started the 2nm production plant in Japan together with IBM on the 15th, and this was announced by the Japanese side.
The Wall Street Journal reported on the 10th that "Samsung Electronics' foundry's 4nm process semiconductor yield (pass rate) improvement was slower than expected and the chip supply was not available, so key customers such as Qualcomm and Nvidia turned their orders to TSMC." has declined continuously.
Regarding Samsung Vice Chairman Lee's meeting with the Dutch Prime Minister, "The two met at the prime minister's office on the 14th to discuss comprehensive and strategic cooperation measures such as ▲expansion of cooperation to strengthen state-of-the-art foundry capabilities and ▲resolution of global semiconductor supply chain problems." We asked Prime Minister Rutte for cooperation to ensure a stable supply of ASML equipment essential for the expansion of electronics’ cutting-edge foundry (semiconductor consignment production) business.”
At the time, it is known that Prime Minister Rutte showed more interest in 'ICT, electric vehicle and e-health new industries' to Vice Chairman Lee.
Prior to Vice Chairman Lee's visit to the Netherlands, in March, President Yoon (then-elect) called the Dutch Prime Minister and said, "Let's further expand cooperation between the two countries in the semiconductor industry, which is called 'the rice of the future industry'." As the Netherlands is a leading country in semiconductors, the synergy of cooperation between the two countries will be very great," said President Yoon's side.
During the departure of Vice Chairman Lee on the 7th, Samsung revealed only the scene of departure of the exclusive plane with 'Accompaniment of Samsung SDI President Choi Yun-ho', in addition to 'We will visit the headquarters of ASML, a Dutch semiconductor equipment company, and discuss the issue of supply and demand for extreme ultraviolet (EUV) exposure equipment'. has been private
Samsung Electronics' inventory assets at the end of March this year (the first quarter) stood at 47.59 trillion won, up 55.4% from 30.62 trillion won in the first quarter of last year.
Handle Jones, CEO of IBS, an information technology (IT) industry consulting firm, said, “High demand and lack of production equipment will have a significant impact on the production of 2/3-nano process chips. The shortage of products can reach 10 to 20 percent,” the Wall Street Journal reported on the 10th.
Samsung Electronics, abandoned by foreigners and bought by Korean individuals, fell 23.6 percent from 78,300 won to 59,800 won at the end of last week compared to the end of last year.
The decline higher than the 18.0% drop rate of the KOSPI during the same period further widened the decline in this month (June), breaking the 52-week low four times last week.
Individual investors net bought 14,417.6 billion won of Samsung Electronics shares this year, accounting for 69.2% of the 20.83 trillion won net purchases of 20,834.1 billion won by individual investors on the KOSPI. Individual investors bought 1.43 trillion won of Samsung Electronics' preferred stock and bought Samsung Electronics It net bought a total of 15,8489 billion won this year.
Samsung Securities issued a report saying “(KOSPI) is going to the 3,100 level” during the stock market downtrend, and other securities companies strengthened their investment recommendation to individual investors, saying, “It is clear that the price is right now to start buying at a low point.”
In March 2020, Samsung Securities published a report titled “Market V Rebound” in the early stages of the coronavirus.
In the past week, foreigners sold 1.9 trillion won in the KOSPI market and net sold Samsung Electronics 980 billion won, which seems to be a selling trend that has nothing to do with the US interest rate hike.