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updated 22:28, Wed December 26, 2007

Semiconductor Manufacturing International in Licensing Deal for IBM Chip Technology

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ARMONK, N.Y. (AP) -- Chip maker Semiconductor Manufacturing International Corp. (SMIC) said Wednesday it entered a deal to license some of IBM's two-transistor chip technology to strengthen its market position.

Financial terms of the agreement were not disclosed.

China-based SMIC will use IBM's 45-nanometer bulk complementary metal-oxide-semiconductor technology (CMOS), which also requires less power than a single-transistor chip, for its 300mm foundry service. CMOS chips are useful in battery-operated products such as portable computers.

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