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[15] [16] In October 2020, UMC and the U.S. Department of Justice reached a plea agreement, with UMC pleading guilty to one count of receiving and possessing a stolen trade secret and agreeing to pay a fine of $60 million. UMC's plea and Plea Agreement resolved the 2018 trade secrets case brought against UMC by the U.S. Department of Justice.
In the latest trading session, United Microelectronics Corporation (UMC) closed at $11.58, marking a -0.43% move from the previous day.
The first ADR was introduced by J.P. Morgan in 1927 for the British retailer Selfridges on the New York Curb Exchange, the American Stock Exchange's precursor. [4] They are the U.S. equivalent of a global depository receipt (GDR). Securities of a foreign company that are represented by an ADR are called American depositary shares (ADSs).
United Microelectronics Corporation (UMC) closed the most recent trading day at $11.58, moving -0.43% from the previous trading session.
He left ITRI to found UMC in 1980. [1] In 1988 he visited Beijing and met with Jiang Zemin. [1] In 2001, UMC moved into China by setting up Hejian Technology (Suzhou) Co. in Jiangsu. This led to Tsao being charged in 2005 with violating the Business Entity Accounting Act. He was found not guilty in 2010. [2]
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The other major semiconductor foundries include TSMC and UMC, Taiwanese-based companies, which are primarily Chartered's main competitors. [2] In 2006, AMD announced that it will manufacture CPUs with Chartered on a 65 nanometer process. It also has alliances with IBM, Infineon, Samsung and Agere Systems. [6] [15]