UMC to boost 2012 capex to $2 billion

Dylan McGrath, EETimes
2/8/2012 9:04 PM EST

SAN FRANCISCO—Taiwanese semiconductor foundry United Microelectronics Corp. (UMC) said Wednesday (Feb. 8) it plans to spend about $2 billion on capital expenditures in 2012, up 25 percent from the roughly $1.6 billion it spent on capital expenditures in 2011.

UMC (Hsinchu, Taiwan) said 97 percent of its 2012 capital spending would go toward 300-mm capacity expansion.

Click here to read more ...