UMC invests $501 million in second-phase expansion of Xiamen factory

United Microelectronics Corp. (UMC) announced a 3.5 billion yuan ($501 million) investment for the second-phase expansion of its Xiamen factory, increasing wafer capacity to 50,000 items per month.

“The funding for a second-phase expansion of the factory based in the Fujian province city of Xiamen will bring UMC's total investment to 11.8 billion yuan.”caixinglobal.com

• 1 source
• caixinglobal.comTaiwan Chipmaker UMC Invests $500 Million More in Mainland Factory - Caixin GlobalQu Hui, Isabelle LiFeb 14, 2020

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