GlobalFoundries Explores Merger With Taiwan's UMC To Strengthen US Semiconductor Industry
GlobalFoundries Inc. GFS is considering a potential merger with Taiwanese chipmaker United Microelectronics Corp. UMC. GlobalFoundries’ incoming CEO Tim Breen has been open to considering deal options, including a possible tie-up with UMC, Bloomberg reported, citing unnamed sources familiar with the matter. The U.S. chipmaker has a market value of ~$20 billion, while the Taiwanese firm is ...











