# UMC to acquire full ownership of Mie Fujitsu Semiconductor

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.

- Type: Acquisition
- Announced: 2018-01-29
- Where: Yokohama, Japan, Japan
- Value: $520.0M (57.6B JPY)
- Status: announced
- Products: 300mm wafer foundry services, 40nm logic production
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [United Microelectronics Corporation](https://endata.com/companies/19674.md) (acquirer)
- [Fujitsu Semiconductor Limited](https://endata.com/companies/27643.md) (target)
- [Mie Fujitsu Semiconductor Limited](https://endata.com/companies/32835.md) (target)

## Sources

- [umc.com](https://www.umc.com/en/News/press_release/Content/esg/20180629_1), 2018-06-29: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.