Lianxin (Xiamen)/Lianyu (Shandong) listed as a main ship
On June 29, UMC’s board of directors passed a resolution to engage in the 8-inch wafer specialization business subsidiary and ship chip manufacturing (Suzhou) Co., Ltd. (formerly known as Hejian Technology (Suzhou) Co., Ltd., hereinafter referred to as (Company), with the other mainland subsidiary Lianxin IC Manufacturing (Xiamen) Co., Ltd., and Hejian Company, a subsidiary company engaged in IC design service business, Lianhe Semiconductor (Shandong) Co., Ltd., from Hejian Company to the China Securities Regulatory Commission Initial Public Offering of RMB Ordinary Shares (A Shares), and apply to Shanghai Stock Exchange for listing transactions.
Wang Shi, general manager of Lianhua Electronics, said that once the Hejian company is listed on the A-share market, it will be able to obtain a more diversified source of local funds, improve the financial structure of the overall statement, keep the funds in Taiwan, and improve the company’s assets. Scale, to further enrich the company’s capital strength. In the future and through equity-linked incentives to attract local talent, it will help expand the company’s overall group business and global presence. Currently, Hewa’s revenue only accounts for UMC’s About 11% of the consolidated revenue, the number of new shares issued on the A-share market accounted for approximately 11% of the total share capital of the Hejian Company after the issuance, and UMC still holds approximately 87% of the equity interest of the Hejian Company. It will not be detrimental. Wang Shi said, 'In response to the rapid growth of the mainland semiconductor market, and considering the long-term development of the company and the group as a whole, the company's wafer fab and IC design service business in mainland China is coordinated by Hejian. Customer's complete IC manufacturing solution; Through A-share listing, Hejian company can make good use of raised funds, and reinvest to duplicate existing successful models to expand the mainland market to further enhance The scale, technical quality, and enhance competition in the industry threshold and strengthen both companies a competitive advantage. '
57.63 billion yen 100% shareholding triple Fujitsu
This time, UMC’s board of directors also decided to accelerate the business growth in order to expand overseas markets and to implement the option to enter into a joint venture contract with Fujitsu Semiconductor Limited (FSL) in 2014 to form a joint venture company, Mie Fujitsu Semiconductor. Limited, MIFS) Based on the net value of March 31, 2018, the purchase of FSL held the entire equity of MIFS (84.1%), and the total transaction amount of this equity purchase was no more than 57.63 billion yen; After completing the equity purchase, MIFS will become the company Holding 100% of the subsidiary.
It is understood that Fujitsu Semiconductor (MIFS) was formerly known as Fujitsu Co., Ltd. Mie Plant. Since its inception in 1984, it has been the development and production base of the most advanced memory and other products. It has helped Fujitsu Semiconductor develop rapidly. Today, MIFS is Japan's number. One of the few 300mm wafer foundries, B1 plant uses 90nm process, B2 factory initially uses 65nm process, 40nm commercial production starts in early 2016, and 40nm officially enters volume production stage in the second half of 2016.
Wang Shi said that with the outbreak of new applications such as 5G, Internet of Things, automotive and artificial intelligence, UMC is facing a surge in demand for 12-inch mature processes, and we expect the market environment will continue to push this strong demand. With UMC in the Taiwan region , the layout of the existing 12-inch fabs in China and Singapore, Japan's MIFS will further help UMC customers to spread manufacturing risks and provide better global services to Japanese and international customers, which requires stable and uninterrupted supply sources. It is especially important for auto chip manufacturers. We are very pleased that the solid partnership between UMC and Fujitsu Semiconductor enables us to achieve further growth and provide customers with higher added value through the acquisition of MIFS. 'Lianhua Electronics has always been Committed to expand the scale of operations with a globalized layout, strengthen customer competitiveness and enhance shareholder value. ' Wang Shi said that the company’s board of directors also passed today the purchase of the entire equity of the joint venture company with Japan Fujitsu and the promotion of the listing of the company’s shares on the Shanghai Stock Exchange. Will help to expand the long-term development of UMC's overall group business, and stay in Taiwan. Achieve global layout synergy to strengthen the company's competitiveness in wafer specialization.
The president of Fujitsu Semiconductor Qu Jingjing also stated that with the company's ultra-low-power process, non-volatile memory for embedded applications, radio frequency and millimeter wave (mmWave) and other technical advantages, as well as access to automotive semiconductor customers, high reliability The production system, as well as the excellent and experienced staff, MIFS always provide customers with high-quality fab services. In order to maintain the future growth and provide customers with higher value, he also emphasized that by becoming a wafer fab leader A member of Lianhua Electronics Group, to further enhance its competitiveness among global semiconductor wafer fabs, is the best choice for MIFS. 'I also look forward to leveraging the superiority of UMC Group to include ample financial resources. Backed by the professional competence and cost competitiveness driven by capital investment, combined with the ability of UMC to expand its business globally, MIFS will further grow to become an outstanding global company. I believe that the further development of MIFS, also Will help maintain and expand the local labor force and local economy of MIFS.