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To: stock talk who wrote (5765)	8/5/1999 4:40:00 PM
From: DJBEINO	Respond to of 9582

UMC Group Relocates U.S. Headquarters SUNNYVALE, Calif.--(BUSINESS WIRE)--Aug. 5, 1999--United Microelectronics Corporation (UMC) today announced it has relocated its U.S. headquarters to accommodate the company's tremendous growth. The company has relocated to a 25,000-foot facility located at 488 DeGuigne Drive, Sunnyvale, California 94086 which will house all of the company's U.S. operations including sales, marketing and R&D, and over one-hundred employees. James D. Kupec, president of UMC Group (USA) said, ''Due to UMC Group's expanding customer base in the U.S. and the trend that chip companies are outsourcing wafer production to pure-play semiconductor manufacturers, we have outgrown our previous facilities. With our new facility, we will be able to further grow our staff and support our 40 - 50 percent per year growth model.'' About UMC Group UMC Group is a world leading semiconductor foundry group consisting of United Microelectronics Corp. (UMC), United Semiconductor Corp. (USC), United Integrated Circuits Corp. (UICC), United Silicon, Inc. (USIC), UTEK Semiconductor Corp. (UTEK), and the first dedicated foundry in Japan, Nippon Foundry Inc. (NFI). The group recently announced a plan to consolidate operations by merging its Taiwan-based foundries with parent company UMC. The merger is scheduled for completion by the end of 1999. UMC is a leader in foundry technology and expects post-merger capacity to reach 2.4 million wafers per year in 2000. In 1999, UMC Group will reach volume production for 0.18-um technology and have production-ready copper-interconnect technology. UMC Group companies are headquartered in Taiwan, with marketing and customer support offices located in the United States, Japan, and the Netherlands. UMC Group's website is located at www.umcgroup.com. biz.yahoo.com