Chipmaker UMC says no merger 'activity' right now, amid GlobalFoundries talk

By Yahoo! Finance   |   3 weeks ago
Chipmaker UMC says no merger 'activity' right now, amid GlobalFoundries talk

Taiwanese chipmaker UMC denies ongoing merger talks with GlobalFoundries. CFO Chitung Liu mentions exploring strategic options to enhance shareholder value and competitiveness, indicating potential collaborations beyond a merger.

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