GlobalFoundries, Taiwanese chipmaker UMC consider merger: sources

GlobalFoundries, Taiwanese chipmaker UMC consider merger: sources

TAIWAN’S major chipmaker United Microelectronics and US-based GlobalFoundries are looking into the possibility of a merger, two sources familiar with the matter told Reuters on Monday. A combined company would establish a larger US-based firm with a global manufacturing footprint spanning Asia, United States and Europe. The potential deal comes as the US seeks to…

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