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Tool Order: UMC places follow-on order with TEL
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Tokyo Electron (TEL) has received a follow-on order from Taiwan-based foundry, UMC valued at approximately US$30.5 million. The order is TEL’s largest this year from UMC and one of largest so far placed by the foundry with equipment suppliers in 2011. UMC last placed an order with TEL in April, 2011 valued at US$19.1 million.