UMC: We’ll spend more in Singapore

May 7, 2004 – Taiwanese foundry UMC wants to boost its $850 million capex budget for its Singapore operations, but that depends upon the speed and availability of obtaining new equipment.

UMCi president Chris Chi said the unit wants to exceed production goals of 10,000 wafers/month by the end of the year, but shortages of long lead-time equipment such as lithography tools may hold back plans, according to Reuters. “Once the pipeline is dry, it’s very difficult for [UMCi] to respond in a short period of time,” he said.

Overall, UMC has set its 2004 capital spending budget at $2.12 billion.

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