DNeX’s SilTerra bags RM1.69b long-term contract from China’s Chipone

SilTerra will supply wafers which are used in the production of semiconductor devices to the customer exceeding US$400mil based on various assumptions.

KUALA LUMPUR: Dagang Nexchange Bhd’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.