Taiwan chipmaker UMC says no ongoing merger 'activity' right now
23/04/2025 10:25
TAIPEI, April 23 (Reuters) - Taiwanese chipmaker United Microelectronics Corp (UMC) 2303.TW said on Wednesday that there was currently no ongoing merger "activity".
Chief Financial Officer Chitung Liu made the comment on an earnings call when asked about reports UMC and U.S.-based GlobalFoundries GFS.O are looking into the possibility of a merger.
(Reporting by Wen-Yee Lee and Ben Blanchard. Editing by Jane Merriman)
((ben.blanchard@thomsonreuters.com;))
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