UMC has pledged to invest more in Taiwan to expand its higher-order production capacity

Absrtact: January 2 News, according to Taiwan media reported that the Taiwan side of the December 31 conditions through the UMC to the mainland to participate in the core technology investment 12-inch wafer plant plan. According to the disclosure, the investment amount of 710 million dollars, which is the first Taiwan chip manufacturers to big

January 2 News, according to Taiwan media reported that the Taiwan side of the December 31 "conditional" through the UMC to the mainland to participate in the core technology investment 12-inch wafer plant plan. According to the disclosure, the investment amount of 710 million U.S. dollars, this is the first Taiwan chip manufacturers to build 12-inch wafer factory in the mainland.

It is understood that UMC will contribute 450 million U.S. dollars, while Suzhou and ship technology investment of 260 million U.S. dollars, indirect investment in integrated IC Manufacturing company, engaged in the operation of 12-inch wafer casting, integrated circuit manufacturing and sales business.

reported that the mainland industrial chain in the localization, procurement products to the local manufacturing tilt. Semiconductor is the strategic industry in Taiwan. People familiar with the situation said the UMC would be required to meet the three requirements, namely, the absence of a technology outflow, the relative investment in Taiwan and the hiring of additional staff before releasing its investment in the mainland.

According to people familiar with the matter, UMC has pledged to invest more in Taiwan to expand its higher-order production capacity, with an estimated annual capital expenditure of $1.3 billion for the next three years.

UMC Chief Financial Officer Liu Qidong pointed out that the mainland 12-inch plant construction period of about 1.5 to two years, the first two years will be the group and the ship with its own capital injection, is expected to start production in 2016, after the third year by the UMC capital of more than 400 million dollars, By then UMC will become Taiwan's first mainland market with 12-inch factory manufacturing advantages of Taiwan's semiconductor enterprises. Liu Qidong said that the plant will not be a financial burden on electricity, and the first two years by the ship and the capital, as well as the Taiwan plant would expand the layout of the future will increase the number of workers in Taiwan.