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United Microelectronics Announces Subsidiary Merger with PURIUMFIL

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United Microelectronics Announces Subsidiary Merger with PURIUMFIL

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United Micro ( (UMC) ) has issued an announcement.

On August 13, 2025, United Microelectronics Corporation announced that its subsidiary, Tera Energy Development Co., Ltd., will merge with PURIUMFIL Inc., with Tera as the surviving entity. The merger, set to be effective on October 3, 2025, aims to integrate resources, improve operational performance, and enhance competitiveness. The transaction will be conducted in cash, with Tera acquiring PURIUMFIL shares at NT$17 each. This strategic move is expected to expand business areas and reduce costs without significantly impacting shareholder interests.

The most recent analyst rating on (UMC) stock is a Sell with a $4.80 price target. To see the full list of analyst forecasts on United Micro stock, see the UMC Stock Forecast page.

Spark’s Take on UMC Stock

According to Spark, TipRanks’ AI Analyst, UMC is a Outperform.

UMC’s strong financial performance and attractive valuation are somewhat offset by bearish technical indicators and challenges highlighted in the earnings call, such as foreign exchange impacts and pricing strategy issues. The company’s strengths, including technological advancements and stable financial health, position it well in the semiconductor industry.

To see Spark’s full report on UMC stock, click here.

More about United Micro

United Microelectronics Corporation operates within the semiconductor industry, primarily focusing on the production of integrated circuits and related services. The company is based in Hsinchu Science Park, Taiwan, and is known for its advanced technology and manufacturing capabilities.

Average Trading Volume: 8,075,132

Technical Sentiment Signal: Hold

Current Market Cap: $17.02B

Learn more about UMC stock on TipRanks’ Stock Analysis page.

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