SK Hynix signs five-year deal worth $4.3 billion with ASML to secure EUV scanners

SK Hynix, world’s second-largest memory chip maker, it had agreed a five-year procurement contract worth 4.8 trillion won ($4.34 billion) with ASML Holding N.V. to secure extreme ultraviolet (EUV) scanners used in manufacturing chips.

The deal is for the chipmaker’s planned mass-production of chips by next-generation processes, SK Hynix said in a regulatory filing.