IPR innovations

China authorised 530,000 invention patents in 2020, 17% more than the previous year, and the country applied for 68,720 international patents in 2020, indicating China has become a major nation of IPR innovations.

P.O. with Dutch mask aligner

Chinese chipmaker Semiconductor Manufacturing International Corporation SMIC, announced on Wed a deal for $1.2 bln worth of purchase orders with Dutch mask aligner manufacturing giant, ASML, based on an amended and restated volume purchase agreement.