Toshiba denies selling fabs to UMC
Yesterday, Toshiba issued a clarification announcement regarding the recently widely reported sale of two fabs to UMC, stating that it will continue to focus on the discrete semiconductor business, and on analog integrated circuits and microcontroller units for motor control.
In the announcement, Toshiba stated that it is considering restructuring measures other than personnel measures and will implement them when necessary to establish a solid business structure. However, no definitive decisions have been made as of today.
Although the announcement did not directly deny the sale of fabs, it can be seen that there are currently no negotiations with UMC on the sale of fabs.
The article is originally written by @SemiMediaEdit posted on SemiMedia. All rights reserved.