MACC arrest Silterra s key management personnel | Malaysia malaymail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from malaymail.com Daily Mail and Mail on Sunday newspapers.
KUALA LUMPUR: Dagang Nexchange Bhd (DNeX) is the third most actively traded stock on Bursa Malaysia this morning, after securing a US$400mil contract from ChipOne Technology (Beijing) Co Ltd.
’s (DNex) subsidiary SilTerra Malaysia Sdn Bhd has secured a multi-year contract worth US$400mil or RM1.69bil (US$1: RM4.23) with ChipOne Technology (Beijing) Co. Ltd.
Under the multi-year agreement, SilTerra will supply wafers which are used in the production of semiconductor devices to ChipOne, it said on Wednesday.
ChipOne is a leading driver integrated circuit (IC), touch controller and fingerprint sensor fabless integrated circuit design house in Beijing.
The statement said both companies will work closely on product development and mass production based on SilTerra’s state-of-the-art bipolar-CMOS-DMOS (BCD) technology.
DNeX said CMOS and DMOS refers to complementary metal oxide semiconductor and double diffused metal oxide semiconductor respectively.
KUALA LUMPUR (Aug 4): Dagang NeXchange Bhd (DNeX), through its recently acquired business unit SilTerra Malaysia Sdn Bhd, has entered into a long-term multi-year wafer supply and purchase agreement with ChipOne Technology (Beijing) Co Ltd worth over US$400 million (approximately RM1.69 billion).
Under the agreement, SilTerra will supply wafers which are used in the production of semiconductor devices to ChipOne. DNeX said the agreement will allow SilTerra to have a guaranteed wafer base load for the next several years, which will mitigate any downward variability in customer orders and ensure SilTerra has a reasonable factory utilisation rate moving forward.
According to DNeX, ChipOne is the world’s leading driver integrated circuit (IC), touch controller and fingerprint sensor fabless IC design house based in Beijing, China.
Summary of top read business stories July 26 to 31 thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.