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

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

“Despite uncertainty about China’s economic outlook amid the coronavirus outbreak, Taiwan chipmaker United Microelectronics Corp. (UMC) announced Tuesday it will go ahead with a planned 3.5 billion yuan ($501 million) investment in a Chinese mainland manufacturing subsidiary.”scceu.org

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• scceu.orgTaiwan Chipmaker UMC Invests $500 Million More in Mainland Factory - Supply Chain Council of European Union | Scceu.orgFeb 14, 2020

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