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Taiwan chipmaker UMC to spend $3 6 bln to expand capacity

TechnologyTaiwan chipmaker UMC to spend $3.6 bln to expand capacity Reuters 3 minutes read Taiwan chipmaker United Microelectronics Corp said on Wednesday it will spend T$100 billion ($3.59 billion) over the next three years to expand capacity and will guarantee supplies and prices to its clientsas part of the plan, amid a global chip shortage. Co-president Jason Wang told an earnings call the expansion will take place at an existing UMC (2303.TW) facility in the Tainan Science Park, with production scheduled to start from the second quarter of 2023. UMC s total investment in the science park will reach $T150 billion over the next three years, he added.

Jason wangThomson reuters trust principlesUnited microelectronics corpQualcomm incIntel corpTaiwan semiconductor manufacturing coTainan science parkThomson reuters trustஜேசன் வாங்தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ப்ரிந்ஸிபல்ஸ்ஒன்றுபட்டது மைக்ரோ எலக்ட்ரானிக்ஸ் கார்ப்குவால்காம் இன்க்இன்டெல் கார்ப்டைவாந் குறைக்கடத்தி உற்பத்தி இணைதாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை

UMC plans NT$100 billion capacity expansion in southern Taiwan

UMC plans NT$100 billion capacity expansion in southern Taiwan 04/28/2021 09:35 PM CNA file photo Taipei, April 28 (CNA) United Microelectronics Corp. (UMC), the second-largest contract chipmaker in Taiwan, announced on Wednesday an investment project worth NT$100 billion (US$3.58 billion) aimed at expanding capacity at its 300 mm Fab 12A Phase 6 (P6) in Tainan, southern Taiwan. The investment was made through collaboration with several of its leading global customers, the Hsinchu-headquartered silicon wafer foundry said in a press release. Under this mutually beneficial arrangement, these customers will each make a deposit that secures their long-term chip supply at P6 using pre-determined pricing that will enable UMC to grow organically and meet its long-term profitability and market relevance goals, the company said.

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United Microelectronics Corporation (NYSE:UMC) - United Microelectronics Partners For Capacity Development At Tainan Science Park

United Microelectronics Corporation (NYSE:UMC) - United Microelectronics Partners For Capacity Development At Tainan Science Park
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Taiwan shares end lower off early low

Taiwan shares end lower off early low 04/28/2021 06:52 PM CNA file photo Taipei, April 28 (CNA) Shares in Taiwan closed lower Wednesday in the wake of lackluster U.S. markets overnight, but came off an even earlier low, driven by ample liquidity, dealers said. The bellwether electronics sector moved lower, led by major semiconductor stocks, while rotational buying bolstered select old economy heavyweights, preventing the broader market from falling further, the dealers said. Market sentiment remained cautious throughout the session ahead of the outcome of a two-day policy making meeting of the U.S. Federal Reserve due later in the day, the dealers said.

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Taiwan chipmaker UMC to spend $3 6 billion to expand capacity

Taiwan chipmaker UMC to spend $3.6 billion to expand capacity Reuters 2 hrs ago TAIPEI (Reuters) -Taiwan chipmaker United Microelectronics Corp said on Wednesday it will spend T$100 billion ($3.59 billion) over the next three years to expand capacity and will guarantee supplies and prices to its clients as part of the plan, amid a global chip shortage. Co-president Jason Wang told an earnings call the expansion will take place at an existing UMC facility in the Tainan Science Park, with production scheduled to start from the second quarter of 2023. UMC s total investment in the science park will reach $T150 billion over the next three years, he added.

T ai peiJason neelyBen blanchardJason wangUnited microelectronics corpIntel corpTaiwan semiconductor manufacturing coTainan science parkLouise heavensடி ஐ பேய்ஜேசன் நீலீபென் பிளான்சார்ட்ஜேசன் வாங்ஒன்றுபட்டது மைக்ரோ எலக்ட்ரானிக்ஸ் கார்ப்இன்டெல் கார்ப்டைவாந் குறைக்கடத்தி உற்பத்தி இணை