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UMC fully owns 12-inch foundry subsidiary in Xiamen

Jessie Shen, DIGITIMES Asia, Taipei 0

Credit: DIGITIMES

Pure-play foundry United Microelectronics (UMC) has completed acquiring the rest of the shares from its Chinese partners in the Xiamen joint venture, United Semiconductor, for a total of CNY4.858 billion (US$677.76 million), according to a company filing...

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