Loading…

United Microelectronics Corporation (UMC) will acquire the remaining 84.1% of Mie Fujitsu Semiconductor Limited (MIFS) from Fujitsu Semiconductor for approximately JPY 57.6 billion, making MIFS a wholly-owned subsidiary. The transfer is planned for January 1, 2019.
“The acquisition of a fully qualified, equipped, and volume production proven 12" facility provides greater time and ROI advantages compared to building a fab from scratch, which would cost several billion dollars and several years to construct and equip.”umc.com
Summarized from public sources; check the original articles before acting on it.