United Microelectronics (UMC) has released an update.
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United Microelectronics Corporation’s latest financial audit reveals a stable financial position and performance for the years ending December 31, 2023, and 2022, in compliance with international standards. Valuation of slow-moving inventory was highlighted as a significant audit matter, reflecting the rapid technological changes in the semiconductor industry. The audit, inclusive of reports from other auditors for certain associates and joint ventures, provides a comprehensive view of the company’s financial health.
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