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GlobalFoundries' new CEO Tim Breen, who took over in late April, is exploring various transaction options, including a merger with UMC. Although the two sides have started negotiations, it remains uncertain whether the deal can be reached. UMC announced in early April that it would hold an opening ceremony for a new expanded plant in Singapore. The first phase of the new plant will begin mass production in 2026, and is expected to increase the total production capacity of UMC's Singapore Fab 12i wafer plant to more than 1 million 12-inch wafers per year. Japanese media Nikkei Asia recently reported that due to the weak recovery in demand for mature process chips and uncertainty about global tariffs, many semiconductor companies have slowed down their investment in Japan and Malaysia. #TSMC #JASM #SuspendCapacityConstruction #UMC #Foundry #Singapore #GlobalFoundries #GlobalTariffs