According to South Korean media reports, ASML, the world's largest sem - Shanghai Metals Market

Any ASML-Korea equipment interaction is fundamentally a repricing of EUV capacity allocation rights. On the technical stack, any shift in High-NA EUV delivery cadence directly pressures Samsung's 2nm GAA and SK Hynix's HBM4 yield ramp—each 0.1nm resolution gain narrows the back-end etch and CMP process window by roughly 15%, driving non-linear line-wide cost escalation. On compliance, BIS case-by-case export licensing to Korea has already stretched delivery cycles beyond 24 months, pushing depreciation burden downstream to fabs and lifting per-wafer amortization by 8-12%. Competitively, Nikon's ArF immersion share recovery and SMEE's 28nm DUV iterations are compressing ASML's pricing elasticity; Korean customers now hold genuine substitution leverage, structurally strengthening their negotiating position. The 12-24 month tail effect: EUV transitions from scarce asset to standardized capex, exposing ASML's roughly 52% gross margin to its first systemic downward pressure, while Korean memory players lock in 3-5 year long-term agreements—converting supply-disruption risk into price-lock certainty.