International Business Settlement Holdings Limited has announced the signing of a computer chip sales agreement with HK Australis Tech Limited, a wholly-owned subsidiary of Shenzhen Nanji Optoelectronics Technology Co., Ltd. Under the agreement, International Business Settlement Holdings Limited will supply a total of 1,610,000 integrated circuit (IC) chips to HK Australis Tech Limited. The total contract value is approximately US$19.95 million (equivalent to about HK$155.64 million). The company stated that this agreement is in the ordinary course of its business and expands its computer equipment product portfolio.
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