On April 23, 2025, United Microelectronics Corp (UMC) Chief Financial Officer Chitung Liu stated that there was no ongoing merger activity with GlobalFoundries. This statement came in response to recent reports suggesting the two chipmakers were exploring a potential tie-up.
Liu declined to comment directly on market rumors but affirmed that UMC consistently seeks strategic options to enhance shareholder value and competitiveness. He also noted that collaborations could be pursued without necessarily involving a merger.
The initial reports had indicated that a merger could create a larger, U.S.-based company with a global manufacturing footprint. UMC's clarification introduces uncertainty regarding the future of such a potential deal.
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