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UMC Categorically
Denies Newspaper Report of SIS Fab Acquisition
Today's Economic
Daily News carried a report claiming that the probability of UMC
acquiring Silicon Integrated System's (SIS) wafer fab has greatly
increased. UMC categorically states that there is no truth to this
report. UMC has stated publicly that it has no intention to purchase
any existing fabs in Taiwan, and restates that it has no intention
to purchase the SIS fab. We believe that certain parties have spread
these rumors with the intention of influencing the stock market
and hope that the governing authorities will take notice.
Editorial Contacts:
UMC
(in Taiwan)
Alex Hinnawi
Director, Corp. Communications
(886)2-2700-6999 ext.6958
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