| United Microelectronics Corporation (UMC) is an independent semiconductor manufacturer and is also engaged in semiconductor manufacturing process technologies. The Company's primary business is the manufacture, or fabrication, of semiconductors, sometimes called chips or integrated circuits, for others. Using its own processes and techniques, UMC makes chips to the design specifications of its customers. The Company maintains a customer base across industries, including communication, consumer electronics, computer, memory and others, while focusing on manufacturing for applications, including networking, telecommunications, Internet, multimedia, personal computers (PCs) and graphics. UMC sells and markets mainly wafers, which in turn are used in a number of different applications by its customers. |