Close Menu
  • Home
  • AI
  • Entertainment
  • Finance
  • Sports
  • Tech
  • USA
  • World
  • Latest News

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

What's Hot

Asian tech stocks rise, SK Hynix Korean shares rise 11%

July 15, 2026

Love Island USA’s Trinity Tatum defends Zac Georgiou from online hate

July 15, 2026

US star Balogun knew red card reversal would ’cause a lot of controversy’ | 2026 World Cup News

July 15, 2026
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram Vimeo
BWE News – USA, World, Tech, AI, Finance, Sports & Entertainment Updates
  • Home
  • AI
  • Entertainment
  • Finance
  • Sports
  • Tech
  • USA
  • World
  • Latest News
BWE News – USA, World, Tech, AI, Finance, Sports & Entertainment Updates
Home » UMC has started mass production in Singapore. Citi expects outlook to improve
Tech

UMC has started mass production in Singapore. Citi expects outlook to improve

adminBy adminJuly 14, 2026No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp VKontakte Email
Share
Facebook Twitter LinkedIn Pinterest Email


A commercial building lights up at dusk on Monday, February 2, 2026 in Singapore. Photographer: SeongJoon Cho/Bloomberg via Getty Images

Bloomberg | Bloomberg | Getty Images

Taiwan’s second largest contract chip manufacturer, United Microelectronics Corporation (UMC) on Tuesday unveiled its first mass-produced silicon photonics wafer manufactured within its Singapore facility.

UMC aims to address the growing demand for high-speed optical interconnects in AI and hyperscalar data center networks.

UMC said in a statement that in collaboration with local fabless chip design firm SILITH Technology, the joint team completed the silicon photonics platform from development to production readiness in 18 months, securing the technology to support next-generation AI infrastructure.

UMC also plans to make its proprietary 12-inch silicon photonics platform available for customer product development by 2027.

The move comes after Citi analysts said they expect the company’s outlook to improve in the second half of this year, with revenue increasing 13% from the previous quarter and gross profit rebounding in the second quarter of 2026.

Confirming Wall Street’s optimism, UMC recently reported strong financial performance, with June sales increasing 22.85% year-on-year to NT$23.12 billion ($719.21 million), and first-half cumulative sales increasing 11.28%.

However, the company’s shares fell nearly 5% in Taiwan during Tuesday trading, and were trading 1.6% lower after paring losses.

UMC is part of a broader wave of Taiwanese high-tech companies expanding their manufacturing footprint in Singapore as the country grows as a major regional hub for the global semiconductor supply chain.

This growing ecosystem includes: Kingen Electronics Co., Ltd. TSMC-backed chipmaker Vanguard International Semiconductor Corporation also recently partnered with Netherlands-based TSMC. NXP Semiconductors A $7.8 billion manufacturing plant will be built in the city state.

Silicon photonics is an essential technology for transmitting and processing data at ultra-high speeds, and its market is experiencing significant growth due to increased data traffic and demand for faster optical communications, with its global size reaching an estimated $3.71 billion in 2026, according to data from Polaris Market Research.

Make CNBC your preferred source on Google and never miss a moment from the most trusted names in business news.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp Email
Previous ArticleSummer House Season 11 Cast Revealed: Who’s Coming Back?
Next Article What could move the market in the next trading session
admin
  • Website

Related Posts

Asian tech stocks rise, SK Hynix Korean shares rise 11%

July 15, 2026

Commercial officials say Nvidia H200 AI chips have been shipped to China

July 14, 2026

Apple in talks with startup to scale down AI models to run on iPhone

July 14, 2026

New York becomes first US state to impose ban on AI data centers

July 14, 2026
Leave A Reply Cancel Reply

Our Picks

Newly freed hostages face long road to recovery after two years in captivity

October 15, 2025

Former Kenyan Prime Minister Raila Odinga dies at 80

October 15, 2025

New NATO member offers to buy more US weapons to Ukraine as Western aid dwindles

October 15, 2025

Russia expands drone targeting on Ukraine’s rail network

October 15, 2025
Don't Miss
Entertainment

Love Island USA’s Trinity Tatum defends Zac Georgiou from online hate

By adminJuly 15, 20260

Kyla Greene & Cashel Barnett: SplitOne of the most unexpected couplings of the US version…

Ben Foster debuts relationship with Jamison Belushi after Laura Prepon split

July 15, 2026

Featuring Lance Bass, Joey Fatone, and celebrity judges

July 14, 2026

Can copper peptides save your skin from aging? Derm says…

July 14, 2026
About Us
About Us

Welcome to BWE News – your trusted source for timely, reliable, and insightful news from around the globe.

At BWE News, we believe in keeping our readers informed with facts that matter. Our mission is to deliver clear, unbiased, and up-to-date news so you can stay ahead in an ever-changing world.

Our Picks

These are the 17 Mexicans whose ICE-related deaths prompted Mexico to demand accountability

July 14, 2026

Devastating Russian attack makes June the deadliest month for Ukrainian civilians since 2022

July 14, 2026

Murders of three British politicians in 10 years shed light on frenetic political mood

July 14, 2026

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact US
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2026 bwenews. Designed by bwenews.

Type above and press Enter to search. Press Esc to cancel.