Benzinga | Dec 1, 2021 09:11AM EST

Micron, United Microelectronics Report Expansion Of Relationship To Strengthen Customer Supply Chains

Micron Technology, Inc. (NASDAQ:MU), an industry leader in innovative memory and storage solutions, today announced an expansion of its business relationship with United Microelectronics Corporation ((TWSE: 2303,Micron Technology, Inc. (NASDAQ:MU), an industry leader in innovative memory and storage solutions, today announced an expansion of its business relationship with United Microelectronics Corporation ((TWSE: 2303, NYSE:UMC), providing Micron opportunities to secure supply for automotive, mobile and critical customers into the future.

"Expanding our relationship with UMC helps us strengthen our customers' supply chains and is a great opportunity to increase collaboration across the semiconductor industry," said Executive Vice President and Head of Global Operations, Manish Bhatia. "This expanded relationship provides Micron continuing access to products that are critical to our automotive and mobile customers, and we look forward to working with UMC in the coming years to deliver our industry-leading memory and storage solutions to our customers globally."

"UMC is pleased to be working with Micron, one of the world's largest semiconductor companies known for its technology leadership leading-edge manufacturing, to address customer needs," said Jason Wang, director and president, UMC. "Industry collaboration has never been more important to addressing the challenges our customers face today and into the future."