Breaking News, World News and Taiwan News.

UMC, Fujitsu to work on chip production together

TAIPEI -- The board of directors of Taiwan's United Microelectronics Corp. (UMC, 聯電), the world's No. 3 contract chipmaker, on Thursday approved a plan to form a chip production joint venture with Japan's Fujitsu Semiconductor Ltd.

UMC said it will invest 50 billion Japanese yen (US$480 million) to acquire a roughly 9.3 percent stake in the new joint venture, along with a seat on the board of directors.

The Hsinchu-based company also agreed to license its 40-nanometer low power technology to Fujitsu and will receive licensing fees equivalent to the amount of its investment.

Under the joint venture, a 12-inch wafer plant in Mie Prefecture in Japan will manufacture 28,000 wafers per month for use in image sensors and automobile electronics, according to UMC.

Write a Comment
CAPTCHA Code Image
Type in image code
Change the code
 Receive China Post promos
 Respond to this email
Subscribe  |   Advertise  |   RSS Feed  |   About Us  |   Career  |   Contact Us
Sitemap  |   Top Stories  |   Taiwan  |   China  |   Business  |   Asia  |   World  |   Sports  |   Life  |   Arts & Leisure  |   Health  |   Editorial  |   Commentary
Travel  |   Movies  |   TV Listings  |   Classifieds  |   Bookstore  |   Getting Around  |   Weather  |   Guide Post  |   Student Post  |   English Courses  |   Terms of Use  |   Sitemap
  chinapost search