GlobalFoundries and Taiwanese chipmaker UMC mull potential merger, Nikkei reports

By Yahoo! Finance   |   1 month ago
GlobalFoundries and Taiwanese chipmaker UMC mull potential merger, Nikkei reports

United Microelectronics and GlobalFoundries are considering a merger, aiming to create a larger U.S.-based chip firm with a global manufacturing presence. The potential deal is seen as a move to bolster the semiconductor supply chain in the face of geopolitical tensions and competition from China.

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