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Stock impact report

UMC and Polar Collaborate to Meet Growing Demand for U.S. Onshore Semiconductor Manufacturing

United Microelectronics Corporation (NEW) (UMC) 
US:NYSE Investor Relations: umc.com/english/investors/index.asp
Company Research Source: Business Wire
HSINCHU, Taiwan & BLOOMINGTON, Minn.--(BUSINESS WIRE)--United Microelectronics Corporation (NYSE: UMC: TWSE: 2303)(“UMC”), a leading global semiconductor foundry, and Polar Semiconductor, LLC (“Polar”), a U.S.-owned and operated foundry specializing in high-voltage, power, and sensor technologies, today announced they have signed a Memorandum of Understanding (MOU) to explore collaboration on delivering scalable U.S.-based 8-inch production of high-quality wafers that are essential across pillar industries including automotive, data centers, consumer electronics, and aerospace & defense.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251204756971/en/Under the MOU, Polar and UMC will identify devices for Polar to manufacture at its recently expanded 8-inch facility in Minnesota. By combining Polar’s proven manufacturing capabilities with UMC’s comprehensive 8-inch technology portfolio and global customer base, this partne Show less Read more
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