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2020-06-10

UMC Shareholders Approve NT$0.75 Cash Dividend at Annual Shareholders’ Meeting

Taipei, Taiwan, June 10, 2020 - United Microelectronics Corporation (NYSE: UMC; TWSE: 2303) (“UMC”), today held its 2020 annual shareholders’ meeting.

At the meeting, the shareholders approved:

  1. Approved the 2019 Business Report and Financial Statements. The consolidated revenue for 2019 was NT$148,202 million and net income attributable to the shareholder of the parent was NT$9,708 million, with earnings per share of NT$0.82.
  2. Shareholder cash dividend of NT$9,765 million, at approximately NT$0.75 per share.
  3. Employee cash bonus of NT$1,132.9 million.
  4. The issuance of Restricted Stock Awards.
  5. The issuance plan of private placement for common shares, preferred shares (including convertible preferred shares), depositary receipts (DR, including but not limited to ADS), or Euro/Domestic convertible bonds (including secured/unsecured corporate ADS or bonds). The amount of shares is proposed to be no more than 10% of total common shares issued plus the total common shares represented by the above equity-type securities which are fully issued.

 

Details of each agenda item can be found at http://www.umc.com under the “Investors / Events” section.

About UMC

UMC (NYSE: UMC, TWSE: 2303) is a leading global semiconductor foundry. The company provides high quality IC production with a focus on both logic and specialty technologies to serve every major sector of the electronics industry. UMC’s comprehensive technology and manufacturing solutions include logic/RF, embedded high voltage, embedded flash, RFSOI/BCD and IATF-16949 automotive manufacturing certification for all its manufacturing facilities. UMC operates 12 fabs that are strategically located throughout Asia with a maximum capacity of more than 750,000 8-inch equivalent wafers per month. The company employs approximately 19,000 people worldwide, with offices in Taiwan, China, United States, Europe, Japan, Korea and Singapore. For more information, please visit: http://www.umc.com.

 

Note from UMC Concerning Forward-Looking Statements
Some of the statements in the foregoing announcement are forward-looking within the meaning of the U.S. Federal Securities laws, including statements about introduction of new services and technologies, future outsourcing, competition, wafer capacity, business relationships and market conditions. Investors are cautioned that actual events and results could differ materially from these statements as a result of a variety of factors, including conditions in the overall semiconductor market and economy; acceptance and demand for products from UMC; and technological and development risks. Further information regarding these and other risks is included in UMC’s filings with the U.S. Securities and Exchange Commission. UMC does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.

 

Michael Lin / David Wong

UMC Investor Relations

+886-2-2658-9168 ext. 16900

Jinhong_lin@umc.com

david_wong@umc.com