SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : ASML Holding NV -- Ignore unavailable to you. Want to Upgrade?


To: dr_elis who wrote (1042)12/14/2005 8:15:16 AM
From: niek  Read Replies (1) | Respond to of 43331
 
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.