Physical Address

304 North Cardinal St.
Dorchester Center, MA 02124

United Microelectronics Shares Po in the GlobalFoundries Agreement Report


The manufacturing installation of globalfoundries semiconductors in Malta, New York, on June 18, 2024.

Cindy Schultz | Bloomberg | Getty images

Manufacturer of US semiconductors. Global According to reports, a fusion with Taiwan is weighed United microelectronics.

The US actions of United Microelectronics appeared 13% in the news, while Globalfoundries actions fell around 1%. Nikkei The news reported, citing familiar sources with the agreement.

The merger would create a company based in the United States with production capabilities in Asia, the United States and Europe, according to the report. The combined entity would aim to ensure American access to mature chips amid potential risks of China’s competition and tensions between China and Taiwan, Nikkei reported.

The new company would eventually invest in research and development in the United States and would potentially become an alternative to Taiwan semiconductor manufacturingThe report said. Taiwan semiconductor announced a Investment of $ 100 billion in the United States Earlier this month to reinforce the manufacture of chips. The agreement brought the total investment of the company in the USA. UU. To $ 165 billion.

Taiwan has become a center for global chips, building chips for some of the largest companies such as Nvidia and Apple. The Taiwan semiconductor is, with much, the main world supplier.

According to reports, both Globalfoundries and United Microelectronics have discussed the merger and reported government officials from both countries. United Microelectronic had previously sought to buy or build production plants in the United States, but abandoned the possibility due to costs, Nikkei reported.

Read the full report here.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *