UMC - United Microelectronics Corporation

11/26/2021 | Press release | Distributed by Public on 11/25/2021 17:08

To announce the status of trade secrets disputes between UMC and Micron

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Provided by: UNITED MICROELECTRONICS CORP.
SEQ_NO 1 Date of announcement 2021/11/26 Time of announcement 06:51:18
Subject 
 To announce the status of trade secrets
disputes between UMC and Micron
Date of events 2021/11/26 To which item it meets paragraph 51
Statement 
1.Date of occurrence of the event:2021/11/26
2.Company name:UNITED MICROELECTRONICS CORPORATION
3.Relationship to the Company (please enter ��head office�� or
  ��subsidiaries��):head office
4.Reciprocal shareholding ratios:N/A
5.Cause of occurrence:
The Company and Micron Technology, Inc. (Nasdaq: MU) announced a settlement
agreement between the two companies worldwide. The companies will globally
withdraw their complaints against the other party.
6.Countermeasures: No
7.Any other matters that need to be specified:
United Microelectronics Corporation (TWSE: 2303; NYSE: UMC) and Micron
Technology, Inc. (Nasdaq: MU) today announced a settlement agreement
between the two companies worldwide. The companies will globally withdraw
their complaints against the other party, and UMC will make a one-time
payment of an undisclosed amount to Micron. UMC and Micron look forward
to engaging in mutual business cooperation opportunities. The amount of
settlement has no material impact on the Company��s business operations
and financial conditions.