Sangil Lee Brings All Four Global Semiconductor Equipment Giants to Yongin... 'Mega Cluster' Accelerates

Sangil Lee, Mayor of Yongin, Reaps the Rewards of Investment Attraction
Following ASML, Lam Research, and Tokyo Electron,
Applied Materials Also Commits to Investment
All Four Global Semiconductor Equipment Giants Choose Yongin
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Yongin Special City in Gyeonggi Province, led by Mayor Sangil Lee, has successfully attracted investment from global semiconductor equipment manufacturer Applied Materials, further accelerating the creation of a "semiconductor mega cluster." With the decision by Applied Materials to invest in Yongin following ASML, Lam Research, and Tokyo Electron, all four of the world's leading semiconductor equipment companies will now have a presence in Yongin.

Mayor Lee Sangil (right) and Vice President Son Sungyong are holding the agreement and posing for a photo after signing the "Business Agreement (MOU) for Strengthening Semiconductor Industry Competitiveness" in the city hall reception room on the 6th. Provided by Yongin City

On July 6, Yongin Special City announced that Mayor Sangil Lee and Seongyong Son, Vice President of Applied Materials Korea, signed a Memorandum of Understanding (MOU) at city hall to strengthen the competitiveness of the semiconductor industry.

Under this agreement, Applied Materials Korea—the Korean subsidiary of global semiconductor equipment maker Applied Materials, led by CEO Park Kwangsun—will construct a large field office for equipment and technology operation and management on a 13,305-square-meter site within the cooperative complex at the Yongin Semiconductor Cluster in Wonsam-myeon, Cheoin-gu. This facility will serve as a forward base, providing rapid equipment maintenance and technical support essential for semiconductor production lines.

Yongin City and Applied Materials Korea plan to establish a foundation for semiconductor equipment technology support and maintenance services through the construction of this facility. Additionally, they will collaborate to operate industry-academia partnership programs with local universities to nurture semiconductor professionals.

Headquartered in Santa Clara, California, Applied Materials is a global leader in the core equipment for semiconductor processes such as deposition, etching, inspection, and metrology. Since its establishment in Korea in 1989, the local subsidiary has been supporting the development of the domestic semiconductor industry for more than 35 years.

Mayor Lee Sangil and representatives of Applied Materials are having a conversation in the city hall reception room on the 6th. Provided by Yongin City

With this investment, Yongin will be able to build an industrial ecosystem that brings together the world’s top semiconductor equipment companies, centered around the Samsung Electronics Advanced System Semiconductor National Industrial Complex and the SK hynix Yongin Semiconductor Cluster. Industry insiders expect further investments from global materials, components, and equipment (MCE) companies.

Mayor Sangil Lee stated, "We welcome the investment from a global semiconductor equipment company in Yongin," adding, "Yongin City will spare no effort in providing the necessary administrative support to ensure the smooth construction of the equipment and technology operation facility."

He went on to say, "It is very meaningful that Applied Materials Korea has agreed to provide practical knowledge and hands-on experience to students interested in the semiconductor sector through industry-academia partnerships with local universities. The city will actively serve as a bridge to ensure the smooth operation of these programs."

Mayor Lee also noted, "In Yongin, as the Samsung Electronics Advanced System Semiconductor National Industrial Complex and the SK hynix Yongin Semiconductor Cluster General Industrial Complex projects are underway, investments from semiconductor materials, components, and equipment companies are continuing. As Applied Materials Korea is also considering additional investments to support companies moving into the national industrial complex, Yongin’s semiconductor competitiveness will be further strengthened."

On the 6th, in the reception room, Mayor Lee Sang-il (right) and Vice President Son Seong-yong are signing the agreement. Provided by Yongin City.

Meanwhile, on July 3, RevoSmed Co., Ltd., a leading advanced surgical robot platform company, signed a Memorandum of Understanding (MOU) with Yongin City for factory establishment and investment, and decided to build an Advanced Manufacturing Facility (AMF) in Yongin.

This content was produced with the assistance of AI translation services.