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UMC to raise investment in GaAs foundry subsidiary

Josephine Lien, Taipei; Jessie Shen, DIGITIMES Asia Tuesday 21 August 2012 0

United Microelectronics (UMC) will invest up to NT$600 million (US$20 million) to buy new shares issued by its GaAs foundry subsidiary Wavetek Microelectronics, according to a company filing with the Taiwan Stock Exchange (TSE).

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