Mr Stan Hung
Mr Stan Hung joined UMC in 1991 and served as Chief Financial Officer and Senior Vice President before assuming his current role as Chairman. Under Mr Hung’s leadership, UMC — a leading semiconductor foundry — has made transformative investments in Singapore’s semiconductor ecosystem, strengthening Singapore’s position as a critical node in the global semiconductor supply chain.
Mr Hung championed UMC’s most recent S$6.7 billion (US$5 billion) investment in a new semiconductor fabrication facility in Singapore — the company’s second major investment here since it first established its presence in 2001. Operational since 2025, the advanced fab is on track to create approximately 700 jobs locally, building on more than 1,800 existing jobs from UMC’s current operations. Beyond job creation, the investment will enable Singapore to pioneer critical new capabilities in specialty semiconductor technologies that drive communications, Internet of Things (IoT), automotive and AI innovations. UMC’s continued expansion reflects the company’s enduring confidence in Singapore as a leading base for advanced manufacturing and semiconductor R&D.
Beyond expanding UMC’s operational footprint, Mr Hung has made significant contributions to local talent development in Singapore. He personally drove discussions with Ngee Ann Polytechnic, culminating in the signing of a Memorandum of Understanding (MoU) to enhance engineering training programmes and develop a steady pipeline of skilled talent for the semiconductor industry.
Mr Hung has been a strong and consistent advocate for Singapore within the broader semiconductor industry and leadership community. This has helped foster dialogue with several semiconductor companies, paving the way for potential investments and expansions in Singapore.
UMC’s investments and Mr Hung’s efforts to catalyse broader ecosystem development are expected to generate meaningful economic benefits for Singapore, including increased manufacturing output, higher value-added activities, and job creation, while further enhancing the competitiveness, resilience and long-term growth of Singapore’s semiconductor ecosystem.
On being conferred the Award, Mr Hung said: “It's a great honour to be a recipient of the Public Service Star. I am grateful for EDB's unwavering support in facilitating the establishment of UMC's supply chain partnerships here, which have helped build a more comprehensive semiconductor ecosystem in Singapore. UMC is also proud to contribute to the development of local talent and capabilities, and we appreciate EDB's dedication to strengthening Singapore's position as a global leader in the semiconductor industry.”
