# UMC completes acquisition of United Semiconductor (Xiamen)

United Microelectronics Corporation completed the acquisition of United Semiconductor (Xiamen) Co., Ltd. on July 10, 2023, with a total investment of RMB 4,858,286,400 (approximately $784 million). The transaction was originally planned over three years but was completed all at once.

- Type: Acquisition
- Announced: 2023-07-10
- Where: Xiamen, China
- Value: $784.0M (4.86B CNY)
- Status: completed
- Products: semiconductor manufacturing
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [United Microelectronics Corporation](https://endata.com/companies/19674.md) (acquirer)
- [United Semiconductor (Xiamen)](https://endata.com/companies/28443.md) (target)

## Sources

- [publicnow.com](https://www.publicnow.com/view/1815CE8D9DE8DDF69303D3BF53B8D84599AC9111), 2023-07-25: "To announce the completion on acquisition of UNITED SEMICONDUCTOR (XIAMEN) CO., LTD."

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