The UMC Board of Directors has approved a $4.6 billion investment plan aimed at increasing capacity to seize AI opportunities.
- Golden Ten Data July 29 — United Microelectronics announced that its board of directors has approved an investment plan of NT$148.68 billion (US$4.6 billion) to increase production capacity. According to another statement, the plan includes expanding the cleanroom capacity at the Singapore plant, while simultaneously starting the new plant shell project at the Tainan Science Park in Taiwan. In Singapore, UMC will invest in the fourth phase of its facility to build new cleanrooms and acquire equipment, aiming to expand its silicon photonics production capacity. The newly constructed wafer fab in Taiwan will serve as the base for future seventh and eighth phase facilities. This dual-track capacity expansion plan is designed to meet customers’ near-term needs, while also strategically deploying for high-growth fields such as AI and edge computing in the long run.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Xenia Hôtellerie Solution announces extraordinary shareholder meeting
Community Reacts As Pundit Claims XRP Will Be Priced At $2,953 By Q2 2027
Colgate-Palmolive (CL.US) plans to sell part of its personal care brands, with a total transaction amount possibly exceeding 1.1 billions USD.
According to sources familiar with the matter, Colgate is exploring the sale of some of its mass-market personal care brands. The company currently plans to divest only a few brands within its personal care business, and the combined sale price may exceed 1 billion dollars.
Crypto prices
More
