Several Western powers have banned the export of advanced chip-making equipment to China out of fear of its use to develop high-tech weapons.
Beijing has called it “technological terrorism”.
Dutch Prime Minister Mark Rutte told reporters: “We both have thriving technology sectors that are well matched.”
“ASML…makes machines for microchips produced in South Korea. Our countries are now going to increase cooperation in this field,” he said.
Rutte also noted the “security risks” involved in the sector and stressed: “We must help each other to protect the value chain.”
For his part, Yun said the two countries want to “combine each other’s strengths” in the semiconductor sector, but he also stressed the security aspect.
“Semiconductors are a very important part of not only economic industry but also security and military,” he said.