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United Micro Reports Acquisition and Financial Updates

United Micro Reports Acquisition and Financial Updates

United Micro (UMC) has released an update.

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United Micro has announced an acquisition of software for production from SYNOPSYS INTERNATIONAL LIMITED, TAIWAN BRANCH, with a total transaction price of NT$671,103,433. The company has also scheduled its Q2 2024 Investor Conference for July 31st, to discuss financial and operating results. Additionally, United Micro reported a decrease in June 2024 net sales compared to the previous year, but an overall year-to-date increase.

For further insights into UMC stock, check out TipRanks’ Stock Analysis page.

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