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Winbond Electronics to Procure Machinery Equipment for NT$2.3 Billion; Shares Rally 10%

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Winbond Electronics (TPE:2344) will procure machinery equipment worth about NT$2.3 billion from Applied Materials, according to a Thursday Taiwan Exchange filing.

Shares jumped about 10% in Friday's late morning trade.

The equipment will be used for for production purposes, it said.

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