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UMC To Buy Back Infineon 12-inch Fab Share | |
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| Time: 16:55 EST/21:55 GMT | News Source: the inquirer | Posted By: Steven Chalfont | ||
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In a sign of further consolidation and increased competition in the semiconductor market, UMC, Taiwan's second biggest foundry, said it will pay Infineon around $120 million to buy the German firm's stake in a joint venture. | ||
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