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UMC to make United Semi into 100% owned subsidiary in 3 years

Judy Lin, DIGITIMES, Taipei 0

Credit: DIGITIMES

United Microelectronic Corp (UMC) announced on April 27 an acquisition plan with the value of CNY4.59 billion (US$695 million) to acquire the rest of the shares from its partners in the Xiamen joint venture United Semi (also known as Xiamen Lianxin)in...

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