# Chipbond and UMC form strategic partnership via stock swap

Chipbond and UMC announced a strategic partnership on September 3, 2021, via a stock swap where UMC will hold 9.09% of Chipbond's equity and Chipbond will hold 0.62% of UMC's equity.

- Type: Partnership
- Announced: 2021-09-03
- Status: announced
- Products: driver ICs, RF front-end ICs, power devices
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Chipbond Technology](https://endata.com/companies/50576.md)
- [United Microelectronics Corporation](https://endata.com/companies/19674.md) (partner)

## Sources

- [trendforce.com](https://www.trendforce.com/news/2021/09/11/chipbond-and-umc-will-likely-strengthen-their-product-rd-and-market-penetration-via-strategic-partnership/), 2021-09-11: "Chipbond and UMC announced on September 3 that the two companies established a strategic partnership via a stock swap"

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