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November 19, 2012
05:27 EDTUMCUnited Microelectronics names Po-Wen Yen CEO, effective immediately
UMC announced that its board appointed senior vice president Po-Wen Yen as the company's new CEO, effective immediately. Former CEO Dr. Shih-Wei Sun was promoted to the position of UMC vice chairman. Prior to becoming CEO, Po-Wen Yen was UMC's senior vice president responsible for 12-inch operations.
News For UMC From The Last 14 Days
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August 29, 2014
05:11 EDTUMCUnited Microelectronics to become minority shareholder in new Fujitsu subsidiary
United Microelectronics and Fujitsu Semiconductor announced an agreement for UMC to become a minority shareholder of a newly formed subsidiary of Fujitsu Semiconductor that will include its 300mm wafer manufacturing facility located in Kuwana, Mie, Japan. UMC's advanced 40nm technology will be also licensed to Fujitsu Semiconductor. The company will provide high quality foundry services to customers by combining Fujitsu Semiconductor's low power process and embedded-memory technology with UMC's foundry expertise and advanced process technology. Under the terms of the agreement, UMC will invest JPY 5B as an initial investment by which UMC will subscribe for approximately 9.3% of the company's shares.

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