Global Unichip announced the retirement of Vice Chairman and CEO K.C. Shih

Hsinchu, Taiwan-Nov. 12, 2009- Vice Chairman and CEO, K.C. Shih, of the world’s leading SoC Design Foundry service provider, Global Unichip Corp. (GUC; TW: 3443) announced his retirement and resigned from current post of Vice Chairman and CEO during the board meeting held today.

Mr. K.C. Shih founded Global Unichip Corp. twelve years ago. The company has achieved exceptional growth and became the global leader of this industry under his leadership. Mr. Shih felt that he has accomplished the goal set up for the company and decided to retire and resign from current post. GUC appreciates Mr. Shih’s important contribution during his eleven year management. Mr. K.C. Shih will remain in the board and contribute to the company with his abundant industrial experience and connections, such that GUC can continue to grow at a healthy pace.

About Global Unichip Corp.

Global Unichip Corp. (GUC), a dedicated fabless ASIC provider based in Taiwan, was founded in 1998. GUC is now publicly traded on the Taiwan Stock Exchange under the symbol 3443 with 2008 revenue of 295MUSD. GUC provides total solutions from silicon-proven IPs to complex time-to-market SoC and SiP turnkey services. GUC is committed to providing the most advanced and best price-performance silicon solutions through close partnership with TSMC, GUC’s major shareholder, and other key packaging and testing powerhouses. With state of the art EDA tools, advanced methodologies, and experienced technical team, GUC ensures the highest quality and lowest risks to achieve first silicon success. GUC has established a global customer base throughout Greater China, Japan, Korea, North America, and Europe. Its track record in complex SoC/SiP designs has brought benefits to customers in time to revenue at the lowest risk. For more information, please visit http://www.globalunichip.com