UMC closed at 18.2 yuan yesterday, up 1.25 yuan, but foreign-funded legal persons sold 11,503 pieces of UMC, and the three legal entities only voted for the buyer.
However, the market generally believes that the relevant layout of UMC can help deepen the market layout of the Japanese car market, and through the booming capital market of the mainland, raise more funds to seize the business opportunities of the mainland semiconductors, and the foreign investment promotion rating is neutral. To buy, the target price is 22 yuan.
UMC currently holds a 15.9% stake in MIFS and then acquires 84.1% MIFS shares held by Fujitsu Semiconductor. The future MIFS will be included in the UMC Group and become a wholly-owned subsidiary with a total transaction amount of no more than 57.63 billion yen (about NT$160). It is expected that the equity transfer will be completed on January 1, 2019 after obtaining the approval of the relevant government departments.
At present, the monthly production capacity of MIFS's 12-inch wafer is about 36,000. It is mainly based on Japanese and automotive customers. After the acquisition of MIFS by UMC, the 12-inch fab of UMC will be increased from three to four in Taiwan, mainland China and Singapore.
In addition, UMC and the ship intend to apply for the listing on the Shanghai Stock Exchange, UMC said that it will be manufactured by a subsidiary and ship chip manufacturer (Suzhou) engaged in 8 吋 wafer specialist business, and another core subsidiary MIC integrated circuit Manufacturing (Xiamen), and its subsidiary IC, which is engaged in IC design services, applied for the initial public offering of RMB ordinary shares (A shares) from Hejian to the China Securities Regulatory Commission and applied for listing on the Shanghai Stock Exchange.