Warning: INSERT command denied to user 'dbo290624456'@'66.175.239.42' for table 'watchdog' query: INSERT INTO watchdog (uid, type, message, variables, severity, link, location, referer, hostname, timestamp) VALUES (0, 'php', '%message in %file on line %line.', 'a:4:{s:6:\"%error\";s:7:\"warning\";s:8:\"%message\";s:98:\"Parameter 2 to user_relationships_api_user_relationships() expected to be a reference, value given\";s:5:\"%file\";s:60:\"/homepages/30/d251750219/htdocs/tecspeak/includes/module.inc\";s:5:\"%line\";i:483;}', 3, '', 'http://www.tecspeak.com/news/technology/umc-accquired-chinese-chipmaker-he-jian-technology', '', '54.159.64.172', 1506119855) in /homepages/30/d251750219/htdocs/tecspeak/includes/database.mysqli.inc on line 128

Warning: INSERT command denied to user 'dbo290624456'@'66.175.239.42' for table 'watchdog' query: INSERT INTO watchdog (uid, type, message, variables, severity, link, location, referer, hostname, timestamp) VALUES (0, 'php', '%message in %file on line %line.', 'a:4:{s:6:\"%error\";s:7:\"warning\";s:8:\"%message\";s:102:\"Parameter 2 to user_relationship_defaults_user_relationships() expected to be a reference, value given\";s:5:\"%file\";s:60:\"/homepages/30/d251750219/htdocs/tecspeak/includes/module.inc\";s:5:\"%line\";i:483;}', 3, '', 'http://www.tecspeak.com/news/technology/umc-accquired-chinese-chipmaker-he-jian-technology', '', '54.159.64.172', 1506119855) in /homepages/30/d251750219/htdocs/tecspeak/includes/database.mysqli.inc on line 128

Warning: INSERT command denied to user 'dbo290624456'@'66.175.239.42' for table 'watchdog' query: INSERT INTO watchdog (uid, type, message, variables, severity, link, location, referer, hostname, timestamp) VALUES (0, 'php', '%message in %file on line %line.', 'a:4:{s:6:\"%error\";s:7:\"warning\";s:8:\"%message\";s:106:\"Parameter 2 to user_relationship_elaborations_user_relationships() expected to be a reference, value given\";s:5:\"%file\";s:60:\"/homepages/30/d251750219/htdocs/tecspeak/includes/module.inc\";s:5:\"%line\";i:483;}', 3, '', 'http://www.tecspeak.com/news/technology/umc-accquired-chinese-chipmaker-he-jian-technology', '', '54.159.64.172', 1506119855) in /homepages/30/d251750219/htdocs/tecspeak/includes/database.mysqli.inc on line 128

Warning: INSERT command denied to user 'dbo290624456'@'66.175.239.42' for table 'watchdog' query: INSERT INTO watchdog (uid, type, message, variables, severity, link, location, referer, hostname, timestamp) VALUES (0, 'php', '%message in %file on line %line.', 'a:4:{s:6:\"%error\";s:7:\"warning\";s:8:\"%message\";s:100:\"Parameter 2 to user_relationship_mailer_user_relationships() expected to be a reference, value given\";s:5:\"%file\";s:60:\"/homepages/30/d251750219/htdocs/tecspeak/includes/module.inc\";s:5:\"%line\";i:483;}', 3, '', 'http://www.tecspeak.com/news/technology/umc-accquired-chinese-chipmaker-he-jian-technology', '', '54.159.64.172', 1506119855) in /homepages/30/d251750219/htdocs/tecspeak/includes/database.mysqli.inc on line 128

Warning: INSERT command denied to user 'dbo290624456'@'66.175.239.42' for table 'watchdog' query: INSERT INTO watchdog (uid, type, message, variables, severity, link, location, referer, hostname, timestamp) VALUES (0, 'php', '%message in %file on line %line.', 'a:4:{s:6:\"%error\";s:12:\"user warning\";s:8:\"%message\";s:377:\"INSERT command denied to user 'dbo290624456'@'66.175.239.42' for table 'captcha_sessions'\nquery: INSERT into captcha_sessions (uid, sid, ip_address, timestamp, form_id, solution, status, attempts) VALUES (0, '483a78c28779b70ce60af9393754748b', '54.159.64.172', 1506119855, 'comment_form', 'undefined', 0, 0)\";s:5:\"%file\";s:87:\"/homepages/30/d251750219/htdocs/tecspeak/sites/tecspeak.com/modules/captcha/captcha.inc\";s:5:\"%line\";i:92; in /homepages/30/d251750219/htdocs/tecspeak/includes/database.mysqli.inc on line 128

Warning: INSERT command denied to user 'dbo290624456'@'66.175.239.42' for table 'watchdog' query: INSERT INTO watchdog (uid, type, message, variables, severity, link, location, referer, hostname, timestamp) VALUES (0, 'php', '%message in %file on line %line.', 'a:4:{s:6:\"%error\";s:7:\"warning\";s:8:\"%message\";s:43:\"array_map(): Argument #2 should be an array\";s:5:\"%file\";s:69:\"/homepages/30/d251750219/htdocs/tecspeak/modules/system/system.module\";s:5:\"%line\";i:1015;}', 3, '', 'http://www.tecspeak.com/news/technology/umc-accquired-chinese-chipmaker-he-jian-technology', '', '54.159.64.172', 1506119855) in /homepages/30/d251750219/htdocs/tecspeak/includes/database.mysqli.inc on line 128

Warning: INSERT command denied to user 'dbo290624456'@'66.175.239.42' for table 'watchdog' query: INSERT INTO watchdog (uid, type, message, variables, severity, link, location, referer, hostname, timestamp) VALUES (0, 'php', '%message in %file on line %line.', 'a:4:{s:6:\"%error\";s:7:\"warning\";s:8:\"%message\";s:56:\"array_keys() expects parameter 1 to be array, null given\";s:5:\"%file\";s:59:\"/homepages/30/d251750219/htdocs/tecspeak/includes/theme.inc\";s:5:\"%line\";i:1771;}', 3, '', 'http://www.tecspeak.com/news/technology/umc-accquired-chinese-chipmaker-he-jian-technology', '', '54.159.64.172', 1506119855) in /homepages/30/d251750219/htdocs/tecspeak/includes/database.mysqli.inc on line 128

Warning: INSERT command denied to user 'dbo290624456'@'66.175.239.42' for table 'watchdog' query: INSERT INTO watchdog (uid, type, message, variables, severity, link, location, referer, hostname, timestamp) VALUES (0, 'php', '%message in %file on line %line.', 'a:4:{s:6:\"%error\";s:7:\"warning\";s:8:\"%message\";s:39:\"Invalid argument supplied for foreach()\";s:5:\"%file\";s:59:\"/homepages/30/d251750219/htdocs/tecspeak/includes/theme.inc\";s:5:\"%line\";i:1771;}', 3, '', 'http://www.tecspeak.com/news/technology/umc-accquired-chinese-chipmaker-he-jian-technology', '', '54.159.64.172', 1506119855) in /homepages/30/d251750219/htdocs/tecspeak/includes/database.mysqli.inc on line 128

Warning: INSERT command denied to user 'dbo290624456'@'66.175.239.42' for table 'watchdog' query: INSERT INTO watchdog (uid, type, message, variables, severity, link, location, referer, hostname, timestamp) VALUES (0, 'php', '%message in %file on line %line.', 'a:4:{s:6:\"%error\";s:7:\"warning\";s:8:\"%message\";s:98:\"Parameter 2 to user_relationships_api_user_relationships() expected to be a reference, value given\";s:5:\"%file\";s:60:\"/homepages/30/d251750219/htdocs/tecspeak/includes/module.inc\";s:5:\"%line\";i:483;}', 3, '', 'http://www.tecspeak.com/news/technology/umc-accquired-chinese-chipmaker-he-jian-technology', '', '54.159.64.172', 1506119855) in /homepages/30/d251750219/htdocs/tecspeak/includes/database.mysqli.inc on line 128

Warning: INSERT command denied to user 'dbo290624456'@'66.175.239.42' for table 'watchdog' query: INSERT INTO watchdog (uid, type, message, variables, severity, link, location, referer, hostname, timestamp) VALUES (0, 'php', '%message in %file on line %line.', 'a:4:{s:6:\"%error\";s:7:\"warning\";s:8:\"%message\";s:102:\"Parameter 2 to user_relationship_defaults_user_relationships() expected to be a reference, value given\";s:5:\"%file\";s:60:\"/homepages/30/d251750219/htdocs/tecspeak/includes/module.inc\";s:5:\"%line\";i:483;}', 3, '', 'http://www.tecspeak.com/news/technology/umc-accquired-chinese-chipmaker-he-jian-technology', '', '54.159.64.172', 1506119855) in /homepages/30/d251750219/htdocs/tecspeak/includes/database.mysqli.inc on line 128

Warning: INSERT command denied to user 'dbo290624456'@'66.175.239.42' for table 'watchdog' query: INSERT INTO watchdog (uid, type, message, variables, severity, link, location, referer, hostname, timestamp) VALUES (0, 'php', '%message in %file on line %line.', 'a:4:{s:6:\"%error\";s:7:\"warning\";s:8:\"%message\";s:106:\"Parameter 2 to user_relationship_elaborations_user_relationships() expected to be a reference, value given\";s:5:\"%file\";s:60:\"/homepages/30/d251750219/htdocs/tecspeak/includes/module.inc\";s:5:\"%line\";i:483;}', 3, '', 'http://www.tecspeak.com/news/technology/umc-accquired-chinese-chipmaker-he-jian-technology', '', '54.159.64.172', 1506119855) in /homepages/30/d251750219/htdocs/tecspeak/includes/database.mysqli.inc on line 128

Warning: INSERT command denied to user 'dbo290624456'@'66.175.239.42' for table 'watchdog' query: INSERT INTO watchdog (uid, type, message, variables, severity, link, location, referer, hostname, timestamp) VALUES (0, 'php', '%message in %file on line %line.', 'a:4:{s:6:\"%error\";s:7:\"warning\";s:8:\"%message\";s:100:\"Parameter 2 to user_relationship_mailer_user_relationships() expected to be a reference, value given\";s:5:\"%file\";s:60:\"/homepages/30/d251750219/htdocs/tecspeak/includes/module.inc\";s:5:\"%line\";i:483;}', 3, '', 'http://www.tecspeak.com/news/technology/umc-accquired-chinese-chipmaker-he-jian-technology', '', '54.159.64.172', 1506119855) in /homepages/30/d251750219/htdocs/tecspeak/includes/database.mysqli.inc on line 128

Warning: INSERT command denied to user 'dbo290624456'@'66.175.239.42' for table 'watchdog' query: INSERT INTO watchdog (uid, type, message, variables, severity, link, location, referer, hostname, timestamp) VALUES (0, 'php', '%message in %file on line %line.', 'a:4:{s:6:\"%error\";s:7:\"warning\";s:8:\"%message\";s:98:\"Parameter 2 to user_relationships_api_user_relationships() expected to be a reference, value given\";s:5:\"%file\";s:60:\"/homepages/30/d251750219/htdocs/tecspeak/includes/module.inc\";s:5:\"%line\";i:483;}', 3, '', 'http://www.tecspeak.com/news/technology/umc-accquired-chinese-chipmaker-he-jian-technology', '', '54.159.64.172', 1506119855) in /homepages/30/d251750219/htdocs/tecspeak/includes/database.mysqli.inc on line 128

Warning: INSERT command denied to user 'dbo290624456'@'66.175.239.42' for table 'watchdog' query: INSERT INTO watchdog (uid, type, message, variables, severity, link, location, referer, hostname, timestamp) VALUES (0, 'php', '%message in %file on line %line.', 'a:4:{s:6:\"%error\";s:7:\"warning\";s:8:\"%message\";s:102:\"Parameter 2 to user_relationship_defaults_user_relationships() expected to be a reference, value given\";s:5:\"%file\";s:60:\"/homepages/30/d251750219/htdocs/tecspeak/includes/module.inc\";s:5:\"%line\";i:483;}', 3, '', 'http://www.tecspeak.com/news/technology/umc-accquired-chinese-chipmaker-he-jian-technology', '', '54.159.64.172', 1506119855) in /homepages/30/d251750219/htdocs/tecspeak/includes/database.mysqli.inc on line 128

Warning: INSERT command denied to user 'dbo290624456'@'66.175.239.42' for table 'watchdog' query: INSERT INTO watchdog (uid, type, message, variables, severity, link, location, referer, hostname, timestamp) VALUES (0, 'php', '%message in %file on line %line.', 'a:4:{s:6:\"%error\";s:7:\"warning\";s:8:\"%message\";s:106:\"Parameter 2 to user_relationship_elaborations_user_relationships() expected to be a reference, value given\";s:5:\"%file\";s:60:\"/homepages/30/d251750219/htdocs/tecspeak/includes/module.inc\";s:5:\"%line\";i:483;}', 3, '', 'http://www.tecspeak.com/news/technology/umc-accquired-chinese-chipmaker-he-jian-technology', '', '54.159.64.172', 1506119855) in /homepages/30/d251750219/htdocs/tecspeak/includes/database.mysqli.inc on line 128

Warning: INSERT command denied to user 'dbo290624456'@'66.175.239.42' for table 'watchdog' query: INSERT INTO watchdog (uid, type, message, variables, severity, link, location, referer, hostname, timestamp) VALUES (0, 'php', '%message in %file on line %line.', 'a:4:{s:6:\"%error\";s:7:\"warning\";s:8:\"%message\";s:100:\"Parameter 2 to user_relationship_mailer_user_relationships() expected to be a reference, value given\";s:5:\"%file\";s:60:\"/homepages/30/d251750219/htdocs/tecspeak/includes/module.inc\";s:5:\"%line\";i:483;}', 3, '', 'http://www.tecspeak.com/news/technology/umc-accquired-chinese-chipmaker-he-jian-technology', '', '54.159.64.172', 1506119855) in /homepages/30/d251750219/htdocs/tecspeak/includes/database.mysqli.inc on line 128

Warning: INSERT command denied to user 'dbo290624456'@'66.175.239.42' for table 'watchdog' query: INSERT INTO watchdog (uid, type, message, variables, severity, link, location, referer, hostname, timestamp) VALUES (0, 'php', '%message in %file on line %line.', 'a:4:{s:6:\"%error\";s:7:\"warning\";s:8:\"%message\";s:98:\"Parameter 2 to user_relationships_api_user_relationships() expected to be a reference, value given\";s:5:\"%file\";s:60:\"/homepages/30/d251750219/htdocs/tecspeak/includes/module.inc\";s:5:\"%line\";i:483;}', 3, '', 'http://www.tecspeak.com/news/technology/umc-accquired-chinese-chipmaker-he-jian-technology', '', '54.159.64.172', 1506119855) in /homepages/30/d251750219/htdocs/tecspeak/includes/database.mysqli.inc on line 128

Warning: INSERT command denied to user 'dbo290624456'@'66.175.239.42' for table 'watchdog' query: INSERT INTO watchdog (uid, type, message, variables, severity, link, location, referer, hostname, timestamp) VALUES (0, 'php', '%message in %file on line %line.', 'a:4:{s:6:\"%error\";s:7:\"warning\";s:8:\"%message\";s:102:\"Parameter 2 to user_relationship_defaults_user_relationships() expected to be a reference, value given\";s:5:\"%file\";s:60:\"/homepages/30/d251750219/htdocs/tecspeak/includes/module.inc\";s:5:\"%line\";i:483;}', 3, '', 'http://www.tecspeak.com/news/technology/umc-accquired-chinese-chipmaker-he-jian-technology', '', '54.159.64.172', 1506119855) in /homepages/30/d251750219/htdocs/tecspeak/includes/database.mysqli.inc on line 128

Warning: INSERT command denied to user 'dbo290624456'@'66.175.239.42' for table 'watchdog' query: INSERT INTO watchdog (uid, type, message, variables, severity, link, location, referer, hostname, timestamp) VALUES (0, 'php', '%message in %file on line %line.', 'a:4:{s:6:\"%error\";s:7:\"warning\";s:8:\"%message\";s:106:\"Parameter 2 to user_relationship_elaborations_user_relationships() expected to be a reference, value given\";s:5:\"%file\";s:60:\"/homepages/30/d251750219/htdocs/tecspeak/includes/module.inc\";s:5:\"%line\";i:483;}', 3, '', 'http://www.tecspeak.com/news/technology/umc-accquired-chinese-chipmaker-he-jian-technology', '', '54.159.64.172', 1506119855) in /homepages/30/d251750219/htdocs/tecspeak/includes/database.mysqli.inc on line 128

Warning: INSERT command denied to user 'dbo290624456'@'66.175.239.42' for table 'watchdog' query: INSERT INTO watchdog (uid, type, message, variables, severity, link, location, referer, hostname, timestamp) VALUES (0, 'php', '%message in %file on line %line.', 'a:4:{s:6:\"%error\";s:7:\"warning\";s:8:\"%message\";s:100:\"Parameter 2 to user_relationship_mailer_user_relationships() expected to be a reference, value given\";s:5:\"%file\";s:60:\"/homepages/30/d251750219/htdocs/tecspeak/includes/module.inc\";s:5:\"%line\";i:483;}', 3, '', 'http://www.tecspeak.com/news/technology/umc-accquired-chinese-chipmaker-he-jian-technology', '', '54.159.64.172', 1506119855) in /homepages/30/d251750219/htdocs/tecspeak/includes/database.mysqli.inc on line 128

Warning: INSERT command denied to user 'dbo290624456'@'66.175.239.42' for table 'watchdog' query: INSERT INTO watchdog (uid, type, message, variables, severity, link, location, referer, hostname, timestamp) VALUES (0, 'php', '%message in %file on line %line.', 'a:4:{s:6:\"%error\";s:7:\"warning\";s:8:\"%message\";s:98:\"Parameter 2 to user_relationships_api_user_relationships() expected to be a reference, value given\";s:5:\"%file\";s:60:\"/homepages/30/d251750219/htdocs/tecspeak/includes/module.inc\";s:5:\"%line\";i:483;}', 3, '', 'http://www.tecspeak.com/news/technology/umc-accquired-chinese-chipmaker-he-jian-technology', '', '54.159.64.172', 1506119855) in /homepages/30/d251750219/htdocs/tecspeak/includes/database.mysqli.inc on line 128

Warning: INSERT command denied to user 'dbo290624456'@'66.175.239.42' for table 'watchdog' query: INSERT INTO watchdog (uid, type, message, variables, severity, link, location, referer, hostname, timestamp) VALUES (0, 'php', '%message in %file on line %line.', 'a:4:{s:6:\"%error\";s:7:\"warning\";s:8:\"%message\";s:102:\"Parameter 2 to user_relationship_defaults_user_relationships() expected to be a reference, value given\";s:5:\"%file\";s:60:\"/homepages/30/d251750219/htdocs/tecspeak/includes/module.inc\";s:5:\"%line\";i:483;}', 3, '', 'http://www.tecspeak.com/news/technology/umc-accquired-chinese-chipmaker-he-jian-technology', '', '54.159.64.172', 1506119855) in /homepages/30/d251750219/htdocs/tecspeak/includes/database.mysqli.inc on line 128

Warning: INSERT command denied to user 'dbo290624456'@'66.175.239.42' for table 'watchdog' query: INSERT INTO watchdog (uid, type, message, variables, severity, link, location, referer, hostname, timestamp) VALUES (0, 'php', '%message in %file on line %line.', 'a:4:{s:6:\"%error\";s:7:\"warning\";s:8:\"%message\";s:106:\"Parameter 2 to user_relationship_elaborations_user_relationships() expected to be a reference, value given\";s:5:\"%file\";s:60:\"/homepages/30/d251750219/htdocs/tecspeak/includes/module.inc\";s:5:\"%line\";i:483;}', 3, '', 'http://www.tecspeak.com/news/technology/umc-accquired-chinese-chipmaker-he-jian-technology', '', '54.159.64.172', 1506119855) in /homepages/30/d251750219/htdocs/tecspeak/includes/database.mysqli.inc on line 128

Warning: INSERT command denied to user 'dbo290624456'@'66.175.239.42' for table 'watchdog' query: INSERT INTO watchdog (uid, type, message, variables, severity, link, location, referer, hostname, timestamp) VALUES (0, 'php', '%message in %file on line %line.', 'a:4:{s:6:\"%error\";s:7:\"warning\";s:8:\"%message\";s:100:\"Parameter 2 to user_relationship_mailer_user_relationships() expected to be a reference, value given\";s:5:\"%file\";s:60:\"/homepages/30/d251750219/htdocs/tecspeak/includes/module.inc\";s:5:\"%line\";i:483;}', 3, '', 'http://www.tecspeak.com/news/technology/umc-accquired-chinese-chipmaker-he-jian-technology', '', '54.159.64.172', 1506119855) in /homepages/30/d251750219/htdocs/tecspeak/includes/database.mysqli.inc on line 128
UMC Accquired Chinese Chipmaker He Jian Technology | Tecspeak.com

UMC Accquired Chinese Chipmaker He Jian Technology

  • warning: Parameter 2 to user_relationships_api_user_relationships() expected to be a reference, value given in /homepages/30/d251750219/htdocs/tecspeak/includes/module.inc on line 483.
  • warning: Parameter 2 to user_relationship_defaults_user_relationships() expected to be a reference, value given in /homepages/30/d251750219/htdocs/tecspeak/includes/module.inc on line 483.
  • warning: Parameter 2 to user_relationship_elaborations_user_relationships() expected to be a reference, value given in /homepages/30/d251750219/htdocs/tecspeak/includes/module.inc on line 483.
  • warning: Parameter 2 to user_relationship_mailer_user_relationships() expected to be a reference, value given in /homepages/30/d251750219/htdocs/tecspeak/includes/module.inc on line 483.
  • user warning: INSERT command denied to user 'dbo290624456'@'66.175.239.42' for table 'captcha_sessions' query: INSERT into captcha_sessions (uid, sid, ip_address, timestamp, form_id, solution, status, attempts) VALUES (0, '483a78c28779b70ce60af9393754748b', '54.159.64.172', 1506119855, 'comment_form', 'undefined', 0, 0) in /homepages/30/d251750219/htdocs/tecspeak/sites/tecspeak.com/modules/captcha/captcha.inc on line 92.
  • warning: array_map(): Argument #2 should be an array in /homepages/30/d251750219/htdocs/tecspeak/modules/system/system.module on line 1015.
  • warning: array_keys() expects parameter 1 to be array, null given in /homepages/30/d251750219/htdocs/tecspeak/includes/theme.inc on line 1771.
  • warning: Invalid argument supplied for foreach() in /homepages/30/d251750219/htdocs/tecspeak/includes/theme.inc on line 1771.
  • warning: Parameter 2 to user_relationships_api_user_relationships() expected to be a reference, value given in /homepages/30/d251750219/htdocs/tecspeak/includes/module.inc on line 483.
  • warning: Parameter 2 to user_relationship_defaults_user_relationships() expected to be a reference, value given in /homepages/30/d251750219/htdocs/tecspeak/includes/module.inc on line 483.
  • warning: Parameter 2 to user_relationship_elaborations_user_relationships() expected to be a reference, value given in /homepages/30/d251750219/htdocs/tecspeak/includes/module.inc on line 483.
  • warning: Parameter 2 to user_relationship_mailer_user_relationships() expected to be a reference, value given in /homepages/30/d251750219/htdocs/tecspeak/includes/module.inc on line 483.
  • warning: Parameter 2 to user_relationships_api_user_relationships() expected to be a reference, value given in /homepages/30/d251750219/htdocs/tecspeak/includes/module.inc on line 483.
  • warning: Parameter 2 to user_relationship_defaults_user_relationships() expected to be a reference, value given in /homepages/30/d251750219/htdocs/tecspeak/includes/module.inc on line 483.
  • warning: Parameter 2 to user_relationship_elaborations_user_relationships() expected to be a reference, value given in /homepages/30/d251750219/htdocs/tecspeak/includes/module.inc on line 483.
  • warning: Parameter 2 to user_relationship_mailer_user_relationships() expected to be a reference, value given in /homepages/30/d251750219/htdocs/tecspeak/includes/module.inc on line 483.
  • warning: Parameter 2 to user_relationships_api_user_relationships() expected to be a reference, value given in /homepages/30/d251750219/htdocs/tecspeak/includes/module.inc on line 483.
  • warning: Parameter 2 to user_relationship_defaults_user_relationships() expected to be a reference, value given in /homepages/30/d251750219/htdocs/tecspeak/includes/module.inc on line 483.
  • warning: Parameter 2 to user_relationship_elaborations_user_relationships() expected to be a reference, value given in /homepages/30/d251750219/htdocs/tecspeak/includes/module.inc on line 483.
  • warning: Parameter 2 to user_relationship_mailer_user_relationships() expected to be a reference, value given in /homepages/30/d251750219/htdocs/tecspeak/includes/module.inc on line 483.
Printer-friendly versionSend to friendPDF version

United Microelectronics Corporation, ("UMC") convened its 19th session, 10th term of its Board of Directors meeting yesterday. During the meeting, its board approved to propose the acquisition by UMC of the holding company of He Jian Technology (Suzhou) Co., Ltd. ("He Jian") for resolution at the annual shareholders meeting.

Established in late 2001 as a semiconductor foundry business, He Jian operates an 8-inch fab in Suzhou, China with a monthly capacity of 41,000 wafers, He Jian has made significant inroads into the China market and has established strong relationships with local companies across the semiconductor supply chain. He Jian was profitable from 2005 to 2007 and its operating performance and financial condition remain promising.

UMC's core business has been in semiconductor foundry for many years. In order to facilitate UMC's global business reach beyond its current markets, to help expedite business growth, to increase profitability, to enhance shareholder value and to increase UMC's business competitiveness, UMC believes that a production base in China is key.

During the past six months, the global semiconductor market suffered in the significant financial crisis that led to a worldwide economic downturn. The net value and market value of many semiconductor companies were negatively impacted. Conversely, China's market was relatively strong during this period, attracting many customers that preferred the option of local production. UMC viewed these circumstances as an opportunity to invigorate itself towards long-term growth. After considering the required manpower, capital and time required to build a new fab, which would exceed one year, UMC proposed the Acquisition. In addition to realizing the value of the 15% ownership interest in the indirect holding company of He Jian held in trust for UMC and promoting its shareholders' interest, UMC could acquire a fully built, fully staffed and fully operational production base at an attractive price. UMC further anticipates that, by focusing on customer satisfaction, the strong foundation established by He Jian in China will lead to further gains in market share. For He Jian, as an independently operated semiconductor foundry company, the Acquisition is expected to accelerate market penetration and increase profitability as a result of being incorporated into UMC's world-class operations.

Under the terms of the definitive agreement governing the Acquisition, holders of shares of the holding company that indirectly own He Jian, but excluding the 15% ownership interest held in trust for UMC, are entitled to receive an aggregate consideration of approximately US$285 million. These holders may elect to receive payment in the form of cash or an equivalent value of UMC common stock or American Depositary Shares ("ADS"). The basis of the number of shares to be delivered will be calculated by using the arithmetic average closing value of UMC's common shares and ADSs during the 6-month period prior to, but excluding, April 29, 2009, the date of the Board of Directors' meeting.

Consummation of the Acquisition is subject to approvals from governmental authorities, the passage of appropriate resolutions of the shareholders of UMC and the holding company of He Jian and certain other customary conditions.

After the consummation of the Acquisition, UMC plans to integrate resources, reduce operating costs, and expand business scale, as well as to rapidly shorten the time required for establishing a production base in China. With China's current market still growing and the eventual overall semiconductor industry recovery, UMC expects to expand the potential to grow its long-term revenue and earnings. The expanded international presence of UMC will also enhance its global competitiveness in the rapidly developing semiconductor industry.

Nomura International (Hong Kong) Limited, Taipei Branch, is the sole financial adviser to UMC on the Acquisition.

Post new comment

The content of this field is kept private and will not be shown publicly.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Allowed HTML tags: <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd> <b>
  • Lines and paragraphs break automatically.
  • You may insert videos with [video:URL]

More information about formatting options

CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
Image CAPTCHA
Enter the characters shown in the image.

Warning: INSERT command denied to user 'dbo290624456'@'66.175.239.42' for table 'watchdog' query: INSERT INTO watchdog (uid, type, message, variables, severity, link, location, referer, hostname, timestamp) VALUES (0, 'php', '%message in %file on line %line.', 'a:4:{s:6:\"%error\";s:12:\"user warning\";s:8:\"%message\";s:398:\"INSERT command denied to user &#039;dbo290624456&#039;@&#039;66.175.239.42&#039; for table &#039;accesslog&#039;\nquery: INSERT INTO accesslog (title, path, url, hostname, uid, sid, timer, timestamp) values(&#039;UMC Accquired Chinese Chipmaker He Jian Technology&#039;, &#039;node/583&#039;, &#039;&#039;, &#039;54.159.64.172&#039;, 0, &#039;483a78c28779b70ce60af9393754748b&#039;, 174, 1506119855)\";s:5:\"%file\";s:77:\"/homepages/30/d251750219/htdocs/tecspeak/modules/statistics/statistics.module\";s:5:\" in /homepages/30/d251750219/htdocs/tecspeak/includes/database.mysqli.inc on line 128