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.