Shares of UMC, the nation’s second-largest contract chipmaker, rose 1.78 percent to close at NT$62.8 in Taipei trading, while Vanguard International Semiconductor Corp (世界先進), a supplier of display driver ICs and power management chips, saw shares rise 0.34 percent to NT$149. Powerchip Semiconductor Manufacturing Corp’s (力積電) shares climbed 0.88 percent to NT$66.61. Photo: Grace Hung, Taipei TimesThe new contracts would take effect next year, the report said. As chip shortages are expected to continue into next year, UMC last month said that more customers were discussing longer-term supply contracts to secure capacity at agreed prices and volumes. “The P6 [fab’s capacity] is covered by the contracts,” UMC told investors last month, adding that customers are required to put down an initial payment to secure capacity.

Source: Taipei Times August 30, 2021 15:56 UTC