SMIC and ASML sign a Volume Purchase Agreement worth 450 million EurosVolume Purchase Agreement • November 6th, 2014 • Semiconductor Manufacturing International Corp • Semiconductors & related devices
SHANGHAI, Oct. 27, 2014 — Semiconductor Manufacturing International Corporation (“SMIC”; NYSE: SMI; SEHK: 981) the largest and most advanced pure-play foundry provider in China, and ASML Holding N.V. (“ASML”), the world’s leading provider of lithography systems, announce the signing of a volume purchase agreement (VPA) that will provide SMIC with lithography systems from ASML. The VPA which is worth approximately 450 million Euros and is part of a strategic partnership between the companies that will help facilitate the timely expansion of SMIC’s advanced technology capacities.
