Brief: UMC Electronics and Hitachi reach a basic agreement on collaboration for strengthening manufacturing
03/04/2018 03:52
April 3 (Reuters) - UMC Electronics Co Ltd 6615.T
* Says it and Hitachi Ltd 6501.T reached a basic agreement
on
collaboration for strengthening manufacturing in the IT product
field
* Under this agreement, it will acquire stocks of Hitachi
Information & Telecommunication Manufacturing, Ltd, a wholly
owned subsidiary of Hitachi, as well as the manufacturing assets
of the related manufacturing bases owned by Hitachi
Source text in Japanese:https://goo.gl/pyJkyv
Further company coverage: 6615.T 6501.T
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