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SMIC renewed a volume purchase agreement with ASML worth $1.2 billion for deep ultraviolet (DUV) lithography systems, valid through December 31, 2021. The deal supports SMIC's capacity expansion for mature technology nodes.
“SMIC said in a stock filing late Wednesday that it renewed in February an existing volume purchase agreement with ASML, one of its top three foreign suppliers.”scmp.com
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