UMC said its core attack damage mainland semiconductor industry development

SMIC days ago again by another foundry giant Taiwan UMC in the press statement by the attack, UMC Group Chairman Cao Xingcheng believes that both sides signed, different policies on the industry, is to create opportunities for the blind expansion of the core, and lashed out at SMIC chairman, President and chief executive officer Zhang Rujing personality who he ambition to develop the mainland market will damage the development of the mainland semiconductor industry. SMIC spokesman said the group has been advocating friendly competition, and welcome other countries to the mainland and Taiwan trade the common development of the semiconductor industry, also called on the Taiwan authorities of Taiwan industry to the mainland to invest and set up factories open as soon as possible, in order to cope with the international competition and develop the mainland market wide.

In order to protect the pillar industry, to prevent technology outflows, Taiwan has been limited to local semiconductor companies to enter the mainland to set up factories, the establishment of Taiwan only allows the lower level of the production line in the mainland; however, because the authorities suspect UMC violate policies and regulations, the Taiwan prosecutor's Office on Tuesday raided UMC in Taipei and Hsinchu factories, and arrested the mainland wafer on behalf of the factory and ship technology general manager Xu Jianhua. Cao Xingcheng yesterday denied its investment in the ship and said that if the two sides to further open the market, mergers and acquisitions and ships to expand the mainland market.