United Microelectronics Corporation (NYSE:UMC) on Thursday penned a Memorandum of Understanding (MOU) with Polar Semiconductor to explore collaboration on scalable 8-inch wafer production in the U.S.

The deal explores collaboration on U.S.-based scalable 8-inch wafer production, supplying high-quality chips critical to key industries such as automotive, data centers, consumer electronics, and aerospace & defense.

Details

As per the MOU, Polar Semiconductor will produce selected devices at its expanded 8-inch Minnesota facility, leveraging UMC’s 8-inch technology portfolio and global customer reach.

The partnership aims to drive growth, support customers’ multi-sourcing strategies, and bolster U.S. 8-inch ...