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GlobalFoundries Exploring Potential Merger with Taiwanese Chipmaker
The Straits Times
|April 02, 2025
GlobalFoundries, which has a big manufacturing base in Singapore, is exploring a potential merger with Taiwan's second-largest chipmaker United Microelectronics Corp (UMC), people familiar with the situation said.
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NEW YORK — GlobalFoundries, which has a big manufacturing base in Singapore, is exploring a potential merger with Taiwan's second-largest chipmaker United Microelectronics Corp (UMC), people familiar with the situation said.
The move is part of a long-shot deal aimed at creating a more resilient maker of older-generation semiconductors, the sources said.
Mr. Tim Breen, who was named as GlobalFoundries' incoming chief executive in February, has been open to considering deal options, including a possible tie-up with UMC, as he prepares to take the helm later in April, people familiar with the situation said.
Esta historia es de la edición April 02, 2025 de The Straits Times.
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