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Globalfoundries to acquire ProMOS for NT$20-30 billion, say sources

Josephine Lien, Taipei; Jessie Shen, DIGITIMES Asia 0

Globalfoundries reportedly has agreed to take over financially-troubled ProMOS Technologies for NT$20-30 billion (US$0.7-1 billion), according to industry sources. By adding ProMOS' 12-inch wafer fab in Taichung, central Taiwan to its global manufacturing...

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