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GlobalFoundries Explores Merger With Taiwan’s UMC
GlobalFoundries Inc. is exploring a potential merger with the Taiwanese chipmaker United Microelectronics Corp. as part of a long-shot deal aimed at creating a more resilient manufacturer of older-generation semiconductors, people familiar with the situation said.
A combination would allow GlobalFoundries to “build more significant scale, while UMC is able to diversify its capacity outside of Taiwan and China.” Photographer: Cindy Schultz/Bloomberg
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