UMC has bought out the 84% shareholding held by Fujitsu in their four year-old  foundry jv Mie Fujitsu Semiconductor (MIFS). UMC paid  $520 million for the shares. The foundry now becomes a wholly-owned subsidiary of Fujitsu. “With existing 300mm fabs in Taiwan, China and Singapore, Japan-based MIFS will help customers further diversify their manufacturing risk ...

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