UMC Announces Restructuring of Executive Team
edacafe.com     Jul 16, 2008            

HSINCHU, Taiwan—(BUSINESS WIRE)—July 16, 2008— UMC (NYSE:UMC) (TSE:2303), a leading global semiconductor foundry, announced that Mr. Stan Hung has been elected to the position of UMC Chairman and Dr. Shih-Wei Sun to the position of CEO in a board meeting held today. The election was held after Chairman and CEO Dr. Jackson Hu announced his decision to resign from active leadership of the company and pursue a role as a senior advisor to UMC. The appointment of a youthful, professional management team is aimed at the revitalization of UMC and the enhancement of its focus on delivering customer-oriented foundry solutions. Dr. Hu commented, "During my 5-plus years of service at UMC, I have been very impressed by the professionalism and dedication of everyone involved in the organization. I feel that I have accomplished many of my... [read full story]                    


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