Taiwan's second-largest chipmaker starts mass production in Singapore; Citi sees improving outlook
- Posted on July 14, 2026
- By CNBC
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- 1 min read
United Microelectronics Corporation, Taiwan's second-largest semiconductor manufacturer, has commenced full-scale production of silicon photonics wafers at its Singapore manufacturing plant. This strategic expansion marks a significant milestone in the company's diversification efforts beyond traditional chip fabrication. Citi's recent analysis projects an increasingly positive outlook for UMC's operations, reflecting growing demand for advanced photonics technology in data centers and telecommunications infrastructure.
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