StockWatch
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Semiconductors
DivestmentJun 22, 2026, 06:07 AM

United Microelectronics Disposes Novatek Shares for NT$1.68B

AI Summary

United Microelectronics Corporation announced the disposal of 3,500,832 common shares of Novatek Microelectronics Corporation for a total of NT$1,679,699,193, resulting in a NT$1,396,704,971 impact on retained earnings. This transaction was due to the conversion of zero coupon exchangeable bonds. The company also issued a clarification regarding speculative news reports about a collaboration with Intel on 12nm and 3nm process technologies, stating it does not comment on market rumors.

Key Highlights

  • Disposed of 3,500,832 common shares of Novatek Microelectronics Corporation.
  • Total disposal amount: NT$1,679,699,193 at an average unit price of NT$479.8.
  • Impact on retained earnings: NT$1,396,704,971 (no impact to net income).
  • Cumulative holding after transaction: 8,873,025 shares, valued at NT$4,211,232,554.
  • Cumulative shareholding percentage in Novatek: 1.46%.
  • Clarified speculative news regarding collaboration with Intel on 12nm and 3nm process technologies.