UMC to Start 12-inch Fab in China Ahead of Schedule

by Alan Patterson - EETimes

TAIPEI, Dec. 07, 2015 – 

United Microelectronics Corp. (UMC), the world's third-largest foundry, said it expects to open a joint venture 12-inch fab in China about two months earlier than the company expected.

Production will start around the end of the third quarter of 2016, a month or two earlier than UMC's original expectation for the fourth quarter next year, according to company spokesman Richard Yu. The speed of construction in China has been fast, he said.

UMC is partnering with Fujian Electronics & Information Group and the Xiamen municipal government. The total investment in the fab located in the city of Xiamen on the southeast coast of China is approximately $6.2 billion. UMC will hold about 21% of the venture but will have six out of nine directors on the company board.

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