GlobalFoundries Explores UMC Merger to Strengthen Mature Node Manufacturing

GlobalFoundries is considering acquiring United Microelectronics Corporation (UMC) in a plan called "Project Ultron." The two companies want to work together to make older types of semicondu

ctor nodes. Both companies have moved away from making the newest, most advanced chips. Instead, they focused on making older nodes (28 nm and larger) better and cheaper, keeping them from competing d ...