Just What the Semi Industry Doesn’t Need

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By Douglas A. McIntyre Published
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By William Trent, CFA of Stock Market Beat

UMC breaks ground on $5 billion 300mm fab – Semiconductor Fabtech

UMC has started construction of its third 300mm fab at an estimated cost of $5 billion US Dollars, the company has said in a press statement. The new fab will be located in Taiwan’s Tainan Science Park, adjacent to its existing 300mm facility, Fab 12A. UMC has another 300mm facility in Singapore. The new fab is expected to have a capacity of 50,000 wafer starts per month and is expected to be completed by the end of 2007. First phase tool install is expected in the first quarter of 2008.

There is plenty of that already.

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http://stockmarketbeat.com/blog1/

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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