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Applied Materials to spend $615 mln to expand in China market -China Daily

2016-03-15 04:17:49| Semiconductors - Topix.net

Applied Materials Inc , the world's largest supplier of equipment used to make semiconductor chips, plans to invest 4 billion yuan to expand in the China market over the next few years, the China Daily quoted company CEO Gary Dickerson as saying. China has been ploughing tens of billions of dollars into building a competitive chip industry in a bid to cut down on imports and support domestic demand.

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