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UMC retreats from China DRAM venture, Report says
January 10, 2019 // By Peter Clarke, eeNews Europe
United Microelectronics Corp. (Hsinchu, Taiwan), the foundry whose DRAM development support of China's Fujian Jinhua Integrated Circuit Co. was a focus of the US-China trade dispute in 2018, is retreating from the collaboration, according to the Nikkei Asian Review.
UMC is moving about 140 engineers off the project out of a total of 300, as a first step towards ending its involvement in memory chip development, the report said referencing unnamed sources.