Monday, December 30, 2002
United Microelectronics Corp (UMC), the world's second-largest contract chipmaker, has acquired a 2.32% stake in chipset maker Silicon Integrated Systems Corp. (SiS) worth NT$642.5 million.
Sources said that UMC is to take three seats on the SiS board of directors. The two companies are to cooperate in production capacity and process technology in the future and engage in a mutual technology licensing the report said.
UMC had acted as foundry for SiS until the Taiwanese chipset designer set up its own fab. In December 2000 a series of patent dispute legal filings between the two began in court in San Jose, California. In October, UMC said the U.S. International Trade Commission had ruled in its favor in the row and that SiS would be barred from selling products made with the disputed production process to the United States if the commission's decision stands after a 60-day presidential review of the ruling.
SiS spokeswoman Irene Hsiao said the final result of the ITC case couldn’t be changed unless a different case with the US District Court will be withdrawn.
By: DocMemory
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