Exclusive-Foxconn among potential bidders for Singaporean chip assembly firm UTAC in $3 billion deal, sources say

Posted under: Tech Move
Date: 2025-05-26
Foxconn Targets $3 Billion UTAC Acquisition | Justo Global

Electronics manufacturer Foxconn is reportedly among potential bidders for United Test and Assembly Center Ltd (UTAC), a Singapore-based semiconductor firm. Insiders suggest the deal could be worth around $3 billion, marking a significant shift in the semiconductor industry landscape. If successful, the acquisition would bolster Foxconn's capabilities and competitive standing in the global tech market.

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