India, April 2 -- United Microelectronics Corporation (UMC), a leading global semiconductor foundry, today officially unveiled its new fab facility in Singapore in a grand opening ceremony.

The first phase of the new facility will start volume production in 2026, bringing UMC's total production capacity in Singapore to more than 1 million wafers annually. It will also be one of the most advanced semiconductor foundries in Singapore, manufacturing semiconductors to enable communications, Internet of Things (IoT), automotive, and AI innovations.

The ceremony was attended by Deputy Prime Minister and Minister for Trade and Industry of Singapore, Gan Kim Yong, Senior Minister and Coordinating Minister for National Security of Singapore, Teo...