UMC First Foundry to Receive ISO 22301 BCM Certification
HSINCHU, Taiwan, April 12, 2013 /PRNewswire/ -- United Microelectronics Corporation (NYSE: UMC; TWSE: 2303) ("UMC"), a leading global semiconductor foundry, today announced that it has received ISO 22301 certification for its business continuity management (BCM) system from SGS (Societe Generale de Surveillance). Being the first foundry worldwide to achieve ISO 22301 certification underscores UMC's disaster response abilities and mechanisms for quick recovery. This international standard will also reassure UMC customers, insurance companies, and stakeholders regarding the strength of the company's risk management.
UMC started implementing business continuity plans for each fab (BCP) in 2000 to address external threats, with continual improvement through annual practice and audit. Over the years, UMC managed to provide continuous manufacturing services through incidents such as SARS and earthquakes. In 2012, based on ISO 22301 articles and consulted by Marsh Taiwan and Deloitte Taiwan, UMC further consolidated existing disaster prevention, response, and risk management capabilities, as well as established internal SOP. These efforts helped solidify UMC's business continuity strategy, inject resources, and maintain the highest possible operating level during disaster impact, further protecting customers and stakeholders' best interests.
P W Yen, CEO at UMC said, "We are pleased to receive ISO 22301 BCM certification, as it acknowledges our efforts in BCM and continuous customer service enhancement. No company likes to encounter either natural or man-made disasters. However, companies need to be best prepared for such incidents when they do happen. UMC's goal is to expand our long-term BCP practices in each fab to wider BCM activities that span across the entire company so we may further enhance our risk management ability. UMC headquarters and Fab 12A led the way for certification with our other fabs following in the near future. Going forward, we will refine efforts to implement impact reduction measures by promptly adjusting capacity accordingly to satisfy customer needs when unpredictable disruptions occur, thus minimizing impact to acceptable levels and maintaining corporate competitiveness.
ISO 22301, an international standard of Business Continuity Management (BCM) system, was officially released on 15 May, 2012. Develop business continuity plan in advance by understanding the organization, management commitment, analysis the needs and expectations of interested parties. In the event of an impact, enterprise can ensure continue provide customer services and products.
SGS Group has established headquarters at Geneva, Switzerland on 1878 and owns more than 78,000 employees, more than 1350 offices that are distributed all around the world, and lab rooms distributed around 140 countries. SGS Group is the world leader in inspection, verification, testing, and certification services.
Marsh Taiwan, a subsidiary of MMC (Marsh & McLennan Companies), was established in 1975. Marsh Taiwan's over 100 colleagues provide professional and innovative insurance broking and risk management services to more than 1000 clients.
Deloitte & Touche (Deloitte) is the only member firm of Deloitte Touche Tohmatsu Limited in Taiwan. Enterprise Risk Service consultation team of Deloitte (Deloitte ERS) provides expertise across different fields. Starting from analyzing the potential risks that organization may encounter, Deloitte ERS provides a holistic approach that assists the organization in solving risk-related issues regarding to sustainability, supply chain, legal compliance, data protection, IT strategy and governance, forensics and data analytics, as well as process improvement.
UMC (NYSE: UMC, TWSE: 2303) is a leading global semiconductor foundry that provides advanced technology and manufacturing for applications spanning every major sector of the IC industry. UMC's customer-driven foundry solutions allow chip designers to leverage the company's leading-edge processes, which include 28nm poly-SiON and gate-last High-K/Metal Gate technology, mixed signal/RFCMOS, and a wide range of specialty technologies. Production is supported through 10 wafer manufacturing facilities that include two advanced 300mm fabs; Fab 12A in Taiwan and Singapore-based Fab 12i. Fab 12A consists of Phases 1-4 which are in production for customer products down to 28nm. Construction is underway for Phases 5&6, with future plans for Phases 7&8. The company employs over 13,000 people worldwide and has offices in Taiwan, Japan, Singapore, Europe, and the United States. UMC can be found on the web at http://www.umc.com.
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SOURCE United Microelectronics Corporation