Firms including chip equipment maker ASML set up fund for Eindhoven development

Quick Summary:

AMSTERDAM : A group of Dutch technology firms including computer chip equipment maker ASML said on Wednesday it will contribute around $230 million to developing infrastructure in the Eindhoven area of the Netherlands.

Other participating companies include chipmaker NXP and health tech firm Philips.

VDL Groep, a manufacturing conglomerate that is a key supplier to ASML, said the company viewed participation as a growth investment.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: EconomyBusiness

Markets: SingaporeNetherlands

Topics: Mediacorp Region Companies Beethoven Netherlands Asml Dutch Good Technology Eindhoven Operation

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-19 @ 00:34:37 (4 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 220 words

Reading Time: 2 minutes read

Sentences: 10 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 24539406

View Article Analysis

About Channel News Asia

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 49 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 4 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #27

Publisher Details

Frequently Asked Questions