SK Hynix, world’s second-largest memory chip maker, said on Wednesday it had agreed a five-year procurement contract worth 4.8 trillion won ($4.34 billion) with ASML Holding N.V. to secure extreme ultraviolet (EUV) scanners used in manufacturing chips.

The deal is for the chipmaker’s planned mass-production of chips by next-generation processes, SK Hynix said in a regulatory filing.

Read at: Reuters

By Joyce Lee and Louise Heavens

Image Source