BRIEF-UMC To Buy Existing Stake In Mie Fujitsu Semiconductor For 54.4 Billion Yen

Sept 25 (Reuters) - United Microelectronics Corp:

* SAYS IT GETS APPROVAL TO BUY 97.8 MILLION SHARES IN MIE FUJITSU SEMICONDUCTOR FOR 54.4 BILLION YEN ($506.90 million)

* UMC SAYS IT EXPECTS TO COMPLETE THE TRANSACTION ON OCT 1 2019, MIFS WILL CHANGE NAME TO UNITED SEMICONDUCTOR JAPAN CO LTD (USJC) Source text in Chinese: https://bit.ly/2LArMU1 Further company coverage: ($1 = 107.3200 yen) (Reporting by Hong Kong newsroom)