On May 28, UMC, a wafer foundry, held its annual shareholders' meeting. Liu Qidong, chief financial officer of UMC, said that the 12nm process developed by the company in cooperation with Intel is one of UMC's most important development plans at present, and the project is expected to be mass-produced in 2027.

On May 28, UMC, a wafer foundry, held its annual shareholders' meeting. Liu Qidong, chief financial officer of UMC, said that the 12nm process developed by the company in cooperation with Intel is one of UMC's most important development plans at present, and the project is expected to be mass-produced in 2027.