The Dutch company ASML, the biggest manufacturer of lithography equipment for making semiconductors, has extended a deal with Semiconductor Manufacturing International Corporation, China's biggest chip maker, according to a short statement issued on Wednesday.
China plans to invest up to US$1.4 trillion (A$1.9 trillion) to build up its semiconductor industry so that it can achieve self-sufficiency and not be subject to the kind of sanctions that the US has imposed on Huawei, a report claims.
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