Disposal of Novatek Microelectronics (3034) Shares
Original: 公告本公司處分聯詠科技股份有限公司證券之相關資料
Summary
UMC announced the disposal of securities it held in Novatek Microelectronics Corp. (TWSE: 3034), a Taiwan-listed display driver IC designer in which UMC has historically held a strategic equity stake. Such disposals can generate non-operating gains/losses and signal portfolio rebalancing of UMC's long-term equity investments. Full body available on MOPS.
Full Translation
Announcement regarding the Company's disposal of securities of Novatek Microelectronics Corporation (Lianyong Technology Co., Ltd.). The filing discloses details of UMC's sale/transfer of shares held in its affiliate Novatek (TWSE: 3034), a leading fabless display driver IC company spun off from UMC. [Body not available — subject line only. See MOPS for full announcement.]