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Technology Stocks : ASML Holding NV

ASML 1,422

-1.4%

9:41 AM EST

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To: dr_elis who wrote (1042)	12/14/2005 8:15:16 AM
From: niek	Read Replies (1) of 43327

Guess where they buy their litho's. SMIC secures loan for litho equipment EE Times (12/14/2005 6:57 AM EST) BRUSSELS, Belgium — China's Semiconductor Manufacturing International Corp. (SMIC) said Wednesday (Dec. 14) it has secured a loan from Dutch and German banks to purchase additional lithography equipment. The 85 million euro ($102.1 million) was negotiated with ABN AMRO Bank of the Netherlands and Germany's Commerzbank. Atradius Dutch State Business N.V. (Amsterdam) will guarantee the loan. SMIC said the loan is the first between Atradius and a mainland Chinese semiconductor foundry. The conversion rate on Dec. 14 was 1 euro=1.201 U.S. dollars.

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