The chair of the world’s second-largest microchip maker announced a $100 million donation to the Taiwan government for defense against China on Aug. 5, after Beijing initiated massive military drills around the island. “$100 million is not much money to buy weapons,” Robert Tsao, founder of chipmaker United Microelectronics Corp (UMC) who now lives in…
Taiwan Semiconductor Magnate Donates $100 Million for Defense To Help Thwart China Aggression
United Microelectronics Tops Q4 Consensus; Sees Market Demand to Exceed Supply
United Microelectronics Corp. reported fourth-quarter FY21 revenue growth of 30.5 percent year-on-year to $2.14 billion, beating the consensus of $2.08 billion. “In the fourth quarter, strong demand continued to drive full loading across our fabs, while overall wafer shipments grew 1.7 percent QoQ to 2.55 million 8-inch equivalents,” Co-President Jason Wang said. Margin The gross margin expanded…
Micron, UMC Deepen Relation to Strengthen Supply Chain
Micron Technology Inc. deepened its business relationship with United Microelectronics Corp. (UMC), providing Micron opportunities to secure supply for automotive, mobile, and customers into the future. “Expanding our relationship with UMC helps us strengthen our customers’ supply chains and is a great opportunity to increase collaboration across the semiconductor industry,” Executive Vice President Manish Bhatia said….
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