United Microelectronics, Polar Semiconductor Tie Up for Wafer Manufacturing in US

MT Newswires Live

12/04

United Microelectronics (TPE:2303) signed a memorandum of understanding with Polar Semiconductor to explore collaboration on US-based production of 8-inch wafers.

Under the deal, the companies will identify devices that Polar Semiconductor could manufacture at its expanded 8-inch fab in Minnesota.

The partnership combines Polar's U.S. manufacturing capabilities with UMC's 8-inch technology portfolio and global customer base, according to a Thursday filing with the Taiwan Exchange.

United Microelectronics expects no immediate financial impact and will announce a formal deal later.

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