United Microelectronics Corporation has agreed to acquire all of the shares of Mie Fujitsu Semiconductor, a 300mm wafer foundry joint venture between both companies.
United Microelectronics Corporation is said to be the first semiconductor company established in Taiwan back in 1980.
In addition to the 15.9 per cent of MIFS shares currently owned by UMC, Fujitsu Semiconductor will transfer the remaining 84.1 per cent of its shares in MIFS to UMC, making MIFS a wholly-owned subsidiary of the Taiwan-based foundry. [Read more…] about UMC takes 100 per cent ownership of Fujitsu’s semiconductor business unit