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.
The author may hold a position in the securities discussed. The author’s current holdings are as follows: Long: Union Pacific (UNP) put options; Air Products (APD) put options; Nasdaq 100 (QQQQ) put options; FedEx (FDX) put options; Intuit (INTU) put options; Bookham (BKHM; Ballard Power (BLDP); Syntax Brillian (BRLC); CMGI (CMGI); Genentech (DNA); Ion Media Networks (ION); Three Five Systems (TFS); IShares Japan (EWJ); StreetTracks Gold (GLD); Starbucks (SBUX); U.S. Oil Fund (USO); Plantronics (PLT) call options; Short: Landstar (LSTR) put options; Ceradyne (CRDN) put options; Dell (DELL) put options; Plantronics (PLT) put options;
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