United Microelectronics Corp 6-K, filed Feb 24, 2021
United Microelectronics Corp (UMC)
About this 6-K
United Microelectronics Corp filed this 6-K on February 24, 2021.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
OF THE SECURITIES EXCHANGE ACT OF 1934
February 24, 2021
(Commission File Number: 001-15128)
United Microelectronics Corporation
(Translation of registrant’s name into English)
No.3 Li Hsin Road II
Science Park
Hsinchu, Taiwan, R.O.C.
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101 (b) (1): ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101 (b) (7): ☐
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereto duly authorized.
| United Microelectronics Corporation | |
|---|---|
| By: | Chitung Liu |
| Name: | Chitung Liu |
| Title: | CFO |
Date: February 24, 2021
EXHIBIT INDEX
| Exhibit | Description |
|---|---|
| 99 | 6K on 02/24/2021 |
3
umc-ex99_6.htm
www.umc.com
Exhibit
Exhibit Description
99.1 Announcement on 2021/02/09: To announce related materials on acquisition of machinery and equipment
99.2 Announcement on 2021/02/09: UMC will attend investor conferences on 2021/02/22
99.3 Announcement on 2021/02/18: To announce related materials on acquisition of machinery and equipment
99.4 Announcement on 2021/02/24: Important Resolutions from the Board Meeting
99.5 Announcement on 2021/02/24: Announcement of board meeting approved the consolidated financial statements for the year of 2020
99.6 Announcement on 2021/02/24: Board Meeting Resolution on dividend distribution
99.7 Announcement on 2021/02/24: Announcing termination of private equity offering which was approved by 2020 shareholders’ meeting
99.8 Announcement on 2021/02/24: UMC Board Meeting has resolved the proposal for private placement based on future operation needs
99.9 Announcement on 2021/02/24: The announcement of UMC Board of Directors’ Resolution to convene the 2021 Annual General Meeting
99.10 Announcement on 2021/02/24: The board meeting approved capital budget execution
99.11 Announcement on 2021/02/24: Announcement of the Company’s Acquisition of the Right-of-Use Asset from a subsidiary
99.12 Announcement on 2021/02/24: The Board of Directors resolved the issuance of unsecured straight corporate bonds
99.13 Announcement on 2021/02/24: UMC’s donation to UMC Science and Culture Foundation
99.14 Announcement on 2021/02/08: January Revenue
99.15 Announcement on 2021/02/15: the trading and pledge of UMC common shares by directors, executive officers and 10% shareholders of UMC
Exhibit 99.1
To announce related materials on acquisition of machinery and equipment
Name and nature of the underlying asset (e.g., land located at Sublot XX, Lot XX, North District, Taichung City): Machinery and equipment
Date of occurrence of the event: 2021/01/22~2021/02/09
Transaction unit amount (e.g. XX square meters, equivalent to XX ping), unit price, and total transaction price:
Transaction volume: one batch;
average unit price: NT$1,355,640,570;
total transaction price: NT$1,355,640,570
- Trading counterparty and its relationship with the Company (if the trading counterparty is a natural person and furthermore is not a related party of the Company, the name of the trading counterparty is not required to be disclosed):
Applied Materials South East Asia Pte. Ltd.; non-related party transaction
Where the trading counterparty is a related party, announcement shall also be made of the reason for choosing the related party as trading counterparty and the identity of the previous owner, its relationship with the Company and the trading counterparty, and the previous date and monetary amount of transfer: NA
Where an owner of the underlying assets within the past five years has been a related party of the Company, the announcement shall also include the date and price of acquisition and disposal by the related party, and its relationship with the Company at the time of the transaction: NA
Projected gain (or loss) through disposal (not applicable for acquisition of assets; those with deferral should provide a table explaining recognition): NA
Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important terms and conditions: Base on purchase order payment term.
The manner of deciding on this transaction (such as invitation to tender, price comparison, or price negotiation), the reference basis for the decision on price, and the decision-making unit:
transaction: price negotiation;
the reference basis for the decision on price: market price;
the decision-making department: the Selection Meeting
Name of the professional appraisal firm or company and its appraisal price: NA
Name of the professional appraiser: NA
Practice certificate number of the professional appraiser: NA
The appraisal report has a limited price, specific price, or special price: NA
An appraisal report has not yet been obtained: NA
Reason for an appraisal report not being obtained: NA
Reason for any significant discrepancy with the appraisal reports and opinion of the CPA: NA
Name of the CPA firm: NA
Name of the CPA: NA
Practice certificate number of the CPA: NA
Broker and broker’s fee: None
Concrete purpose or use of the acquisition or disposal: For production
Any dissenting opinions of directors to the present transaction: NA
Whether the counterparty of the current transaction is a related party: No
Date of the board of directors’ resolution: NA
Date of ratification by supervisors or approval by the audit committee: NA
The transaction is to acquire a real property or right-of-use asset from a related party: NA
The price assessed in accordance with the Article 16 of the Regulations Governing the Acquisition and Disposal of Assets by Public Companies: NA
Where the above assessed price is lower than the transaction price, the price assessed in accordance with the Article 17 of the same regulations: NA
Any other matters that need to be specified: None
Exhibit 99.2
UMC will attend investor conferences on 2021/02/22
Date of institutional investor conference: 2021/02/22
Time of institutional investor conference: 09:00 AM
Location of institutional investor conference: Teleconference
Outline of institutional investor conference:
The Company will attend the “Taiwan CEO-CFO Conference”, held by J.P. Morgan.
- Any other matters that need to be specified: None
Exhibit 99.3
To announce related materials on acquisition of machinery and equipment
Name and nature of the underlying asset (e.g., land located at Sublot XX, Lot XX, North District, Taichung City): Machinery and equipment
Date of occurrence of the event: 2020/12/18~2021/02/18
Transaction unit amount (e.g. XX square meters, equivalent to XX ping), unit price, and total transaction price:
Transaction volume: one batch;
average unit price: NT$1,257,566,471;
total transaction price: NT$1,257,566,471
- Trading counterparty and its relationship with the Company (if the trading counterparty is a natural person and furthermore is not a related party of the Company, the name of the trading counterparty is not required to be disclosed):
TOKYO ELECTRON LIMITED; non-related party transaction
Where the trading counterparty is a related party, announcement shall also be made of the reason for choosing the related party as trading counterparty and the identity of the previous owner, its relationship with the Company and the trading counterparty, and the previous date and monetary amount of transfer: NA
Where an owner of the underlying assets within the past five years has been a related party of the Company, the announcement shall also include the date and price of acquisition and disposal by the related party, and its relationship with the Company at the time of the transaction: NA
Projected gain (or loss) through disposal (not applicable for acquisition of assets; those with deferral should provide a table explaining recognition): NA
Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important terms and conditions: Base on purchase order payment term.
The manner of deciding on this transaction (such as invitation to tender, price comparison, or price negotiation), the reference basis for the decision on price, and the decision-making unit:
transaction: price negotiation;
the reference basis for the decision on price: market price;
the decision-making department: the Selection Meeting
Name of the professional appraisal firm or company and its appraisal price: NA
Name of the professional appraiser: NA
Practice certificate number of the professional appraiser: NA
The appraisal report has a limited price, specific price, or special price: NA
An appraisal report has not yet been obtained: NA
Reason for an appraisal report not being obtained: NA
Reason for any significant discrepancy with the appraisal reports and opinion of the CPA: NA
Name of the CPA firm: NA
Name of the CPA: NA
Practice certificate number of the CPA: NA
Broker and broker’s fee: None
Concrete purpose or use of the acquisition or disposal: For production
Any dissenting opinions of directors to the present transaction: NA
Whether the counterparty of the current transaction is a related party: No
Date of the board of directors’ resolution: NA
Date of ratification by supervisors or approval by the audit committee: NA
The transaction is to acquire a real property or right-of-use asset from a related party: NA
The price assessed in accordance with the Article 16 of the Regulations Governing the Acquisition and Disposal of Assets by Public Companies: NA
Where the above assessed price is lower than the transaction price, the price assessed in accordance with the Article 17 of the same regulations: NA
Any other matters that need to be specified: None
Exhibit 99.4
Important Resolutions from the Board Meeting
Date of occurrence of the event: 2021/02/24
Company name: UNITED MICROELECTRONICS CORP.
Relationship to the Company (please enter “head office” or “subsidiaries”): head office
Reciprocal shareholding ratios: N/A
Cause of occurrence:
The board meeting has approved important resolutions as follows:
(1) Approved the 2020 Business Report and Financial Statements. The Company’s consolidated revenue for 2020 was NT$176,821 million and net income attributable to the stockholders of the parent was NT$29,189 million, with EPS of NT$2.42.
(2) Approved the 2020 employee cash compensation of NT$2,581.7 million and director compensation of NT$32.4 million.
(3) Approved Dividend Distribution. (approximately NT$ 1.60 per share)
(4) Approved termination of the issuance plan for private placement, which was approved at the 2020 Annual General Meeting.
(5) Approved the proposal for private placement based on future operation needs and will propose at the 2021 Annual General Meeting for discussion.
(6) The 2021 Annual General Meeting will be held at 9:00 AM on Tuesday, June 8, 2021 at No.2, Prosperity 1st Rd., Hsinchu Science Park. (101 Meeting Room of the Allied Association for Science Park Industries)
(7) Approved this round’s capital budget execution of NTD 6,229 million towards capacity deployment.
(8) Approved the acquisition of the Right-of-Use Asset from a subsidiary.
(9) Approved the issuance of unsecured straight corporate bonds, the total amount of the issue is no more than NT$15,000 million.
(10) Approved UMC’s donation of NTD$10 million to UMC Science and Culture Foundation.
Countermeasures: N/A
Any other matters that need to be specified: None
Exhibit 99.5
Announcement of board meeting approved the consolidated financial statements for the year of 2020
Date of the financial reports submitted to the board of directors or approved by the board of directors: 2021/02/24
Date of the financial reports approved by the audit committee: 2021/2/24
Start and end dates of financial reports of the reporting period (XXXX/XX/XX~XXXX/XX/XX): 2020/01/01~2020/12/31
Operating revenue accumulated from 1/1 to end of the period (thousand NTD): 176,820,914
Gross profit (loss) from operations accumulated from 1/1 to end of the period (thousand NTD): 38,997,101
Net operating income (loss) accumulated from 1/1 to end of the period (thousand NTD): 22,007,407
Profit (loss) before tax accumulated from 1/1 to end of the period (thousand NTD): 27,926,179
Profit (loss) accumulated from 1/1 to end of the period (thousand NTD): 27,180,412
Profit (loss) during the period attributable to owners of parent accumulated from 1/1 to end of the period (thousand NTD): 29,189,489
Basic earnings (loss) per share accumulated from 1/1 to end of the period (NTD): 2.42
Total assets end of the period (thousand NTD): 377,516,375
Total liabilities end of the period (thousand NTD): 141,743,273
Equity attributable to owners of parent end of the period (thousand NTD): 235,659,746
Any other matters that need to be specified: NA
Exhibit 99.6
Board Meeting Resolution on dividend distribution
Date of the board of directors’ resolution: 2021/02/24
Year or quarter which dividends belong to: 2020
Period which dividends belong to: 2020/01/01~2020/12/31
Appropriations of earnings in cash dividends to shareholders (NT$ per share): 1.60000000
Cash distributed from legal reserve and capital surplus to shareholders (NT$ per share): 0
Total amount of cash distributed to shareholders (NT$): 19,875,842,389
Appropriations of earnings in stock dividends to shareholders (NT$ per share): 0
Stock distributed from legal reserve and capital surplus to shareholders (NT$ per share): 0
Total amount of stock distributed to shareholders (shares): 0
Any other matters that need to be specified: None
Per value of common stock: NT$10.0000
Exhibit 99.7
Announcing termination of private equity offering which was approved by 2020 shareholders’ meeting
Date of the board of directors’ resolution for the change: 2021/02/24
Effective registration date of the original plan: 2020/06/10
Reason for the change:
(1) The Company’s 2020 AGM has authorized the Board to engage with strategic investors to raise capital through private placement of issuing either single or combo instruments such as common shares, preferred shares (including convertible preferred shares), DRs (including but not limited to ADS), or Euro/Domestic convertible bonds (including secured or unsecured corporate bonds) in one or separated times, based on market conditions and the Company’s needs. The amount of shares issued or convertible is proposed to be no more than 10% of total share issued plus the total common shares represented by the above equity-type securities which are fully issued (i.e., no more than 1,383,952,389 shares).
(2) According to item 7, Article 43-6, Security and Exchange Act, the private placement offering shall be conducted in separate instances within one year after AGM approval.
(3) The approval will expire on 2021/06/09. Considering changes from market conditions, the Board has resolved to terminate the private placement offering.
Content of each and every successive previously changed plan for raising of funds before and after change: Not applicable
Projected timetable for execution: Not applicable
Projected completion date: Not applicable
Projected possible benefits: Not applicable
Difference from original projected benefits: Not applicable
Effect of the current change on shareholder equity: Not applicable
Abstract of the original lead underwriter’s appraisal opinion: Not applicable
Any other matters that need to be specified: None
Exhibit 99.8
UMC Board Meeting has resolved the proposal for private placement based on future operation needs
Date of the board of directors’ resolution: 2021/02/24
Types of securities privately placed: Common shares, DRs (including but not limited to ADS), or Euro/Domestic convertible bonds (including secured or unsecured corporate bonds)
Counterparties for private placement and their relationship with the Company:
Strategic Investors; none
- Number of shares or bonds privately placed:
Issuing either single or combo instruments in one or separated times, and the amount of shares issued is no more than 1,380,266,832 common shares.
- Amount limit of the private placement:
Issuing either single or combo instruments in one or separated times, and the amount of shares issued is no more than 1,380,266,832 common shares.
- Pricing basis of private placement and its reasonableness:
The price (including the conversion price of convertible bonds) determination below shall follow regulations from government authorities. Considering that Security and Exchange Act has set a no-trading period of 3 years on private placement securities, the price determination above shall be reasonable.
- Use of the funds raised in this private placement:
To provide the flexibility to engage in a semiconductor technology cooperation or alliance with major companies, to engage with value investors, and meanwhile to supplement operating capital for future needs.
- Reason for conducting non-public offering:
Considering the capital market status, effectiveness, feasibility and costs to raise capital, and actual needs of engaging with strategic investors. The regulation of no-trading period of 3 years for private placement is to ensure the long term relationship with strategic partners. Therefore, the Company proposed to raise capital through private placement, rather than public offering.
Objections or qualified opinions from independent directors: None
Actual price determination date: To be determined by the Board after authorization from AGM.
Reference price:
The privately placed common shares price per share shall be no less than 80 percent of the reference price. The reference price shall be the higher of the following two calculations: (i) The average closing price of the common shares from either 1, 3, or 5 business days before the pricing date, minus dividends adjustment, plus price discount adjustment due to capital reduction. (ii) The average closing price of the common shares for a period of thirty business days before the pricing date, minus dividends adjustment, plus price discount adjustment due to capital reduction.
The issuance price of convertible bonds shall be no less than 80 percent of the theoretical price which is determined by a pricing model considering all options in the issuance terms.
The pricing date, actual reference price, theoretical price and actual issuance price (including the conversion price of convertible bonds) are proposed to authorize the Board to determine after taking into account the regulations foresaid, market status, objective conditions and the qualification of specific parties.
Actual private placement price, and conversion or subscription price: To be determined by the Board after authorization from AGM.
Rights and obligations of these new shares privately placed:
Besides the transfer limitation ruled by Article 43-8, Securities and Exchange Act and regulation of the Company’s Article of Incorporation, the rights and obligation are the same as what of common shares.
Record date for any additional share exchange, stock swap, or subscription: Not applicable
Possible dilution of equity in case of any additional share exchange, stock swap, or subscription:
No more than 10% of total shares issued plus the total common shares represented by the above equity-type securities which are fully issued.
For additional share exchange or subscription, possible influence of change in shareholding ratio of TWSE-listed common shares if all privately placed corporate bonds are converted and shares subscribed for (no. of TWSE-listed common shares (A), (A) / common shares issued): Not applicable
Please explain any countermeasures for lower circulation in shareholding if the aforesaid estimated no. of TWSE-listed common shares does not reach 60million and the ratio does not reach 25%: Not applicable
Any other matters that need to be specified:
It is proposed to authorize the Board to determine, proceed or revise the issuance plan of private placement through instruments such as common shares, DRs (including but not limited to ADS), or Euro/Domestic convertible bonds (including secured or unsecured corporate bonds), including issue price, shares, terms and conditions, plan items, amount, record date, projected progresses and benefits, and any other item related to the issuance plan, based on market conditions.
It is also proposed to authorize the Board to revise the issuance plan based on operation evaluation, environment changes or if receiving instructions from government authorities.
It is proposed to authorize the Chairman or person assigned by the Chairman to represent the Company to negotiate, arrange and sign any document and contract regarding the private placement plan (including overseas securities). For matters regarding private placement but not included above, it is proposed to authorize the Chairman to handle, according to related laws and regulations.
Exhibit 99.9
The announcement of UMC Board of Directors’ Resolution to convene the 2021 Annual General Meeting
Date of the board of directors’ resolution: 2021/02/24
Shareholders’ meeting date: 2021/06/08
Shareholders’ meeting location: No.2, Prosperity 1st Rd., Hsinchu Science Park (101 Meeting Room of the Allied Association for Science Park Industries)
Cause for convening the meeting
(1) Reported matters:
2020 business report
Audit Committee’s report of the 2020 audited financial reports
2020 distributable compensation for employees and directors
The status of private placement
The status of the 21st share repurchase program
Cause for convening the meeting
(2) Acknowledged matters:
The Company’s 2020 business report and financial statements
The Company’s 2020 earnings distribution
Cause for convening the meeting
(3) Matters for Discussion:
To propose the issuance plan of private placement for common shares, DRs, or Euro/Domestic convertible bonds (including secured or unsecured corporate bonds). The amount of shares is proposed to be no more than 10% of total common shares issued plus the total common shares represented by the above equity-type securities which are fully issued.
Cause for convening the meeting
(4) Election matters: To elect the Company’s 15th term of Directors
- Cause for convening the meeting
(5) Other Proposals: None
- Cause for convening the meeting
(6) Extemporary Motions: None
Book closure starting date: 2021/04/10
Book closure ending date: 2021/06/08
Any other matters that need to be specified: None
Exhibit 99.10
The board meeting approved capital budget execution
Date of the resolution of the board of directors or shareholders’ meeting: 2021/02/24
Content of the investment plan: capital budget execution
Projected monetary amount of the investment: NTD 6,229 million
Projected date of the investment: by capital budget plan
Source of capital funds: working capital
Specific purpose: capacity deployment
Any other matters that need to be specified: none
Exhibit 99.11
Announcement of the Company’s Acquisition of the Right-of-Use Asset from a subsidiary
- Name and nature of the underlying asset (e.g., land located at Sublot XX, Lot XX, North District, Taichung City):
Right-of-use asset of real estate at 1F., No. 10, Innovation 1st Road, Hsinchu Science Park, Hsinchu County, Taiwan
Date of occurrence of the event: 2021/02/24
Transaction unit amount (e.g. XX square meters, equivalent to XX ping), unit price, and total transaction price:
Total: 40.25 p’ing
Unit price: NTD 1,169/ping/month (tax excluded)
Monthly rent price: NTD 49,405 (tax included)
Total amount of right-of-use assets: NTD 2,496,807
- Trading counterparty and its relationship with the Company (if the trading counterparty is a natural person and furthermore is not a related party of the Company, the name of the trading counterparty is not required to be disclosed):
Wavetek Microelectronics Corporation (Wavetek), the company’s subsidiary.
- Where the trading counterparty is a related party, announcement shall also be made of the reason for choosing the related party as trading counterparty and the identity of the previous owner, its relationship with the Company and the trading counterparty, and the previous date and monetary amount of transfer:
Reason for choosing the related party as trading counterpart: The company cooperates with Wavetek to develop manufacturing process. In order to improve work efficiency, the company leases office from Wavetek for use
Previous owner: The company
The date of transfer: 2015/08/31
Price of transfer: NTD 148,588,299
Where an owner of the underlying assets within the past five years has been a related party of the Company, the announcement shall also include the date and price of acquisition and disposal by the related party, and its relationship with the Company at the time of the transaction: N/A
Projected gain (or loss) through disposal (not applicable for acquisition of assets; those with deferral should provide a table explaining recognition): N/A
Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important terms and conditions:
Lease period: 2021/03/01~2025/08/31
Monetary amount: Monthly rent is NTD 49,405 (tax included)
Restrictive covenants in the contract & other important stipulations: None
- The manner of deciding on this transaction (such as invitation to tender, price comparison, or price negotiation), the reference basis for the decision on price, and the decision-making unit:
The manner of deciding on this transaction and the reference basis for the decision on price: Based on market price and negotiation
The decision-making department: Board of directors
Name of the professional appraisal firm or company and its appraisal price: N/A
Name of the professional appraiser: N/A
Practice certificate number of the professional appraiser: N/A
The appraisal report has a limited price, specific price, or special price: N/A
An appraisal report has not yet been obtained: N/A
Reason for an appraisal report not being obtained: N/A
Reason for any significant discrepancy with the appraisal reports and opinion of the CPA: N/A
Name of the CPA firm: N/A
Name of the CPA: N/A
Practice certificate number of the CPA: N/A
Broker and broker’s fee: N/A
Concrete purpose or use of the acquisition or disposal: The company cooperates with Wavetek to develop manufacturing process. In order to improve work efficiency, the company leases office from Wavetek for use
Any dissenting opinions of directors to the present transaction: None
Whether the counterparty of the current transaction is a related party: Yes
Date of the board of directors’ resolution: 2021/02/24
Date of ratification by supervisors or approval by the audit committee: 2021/02/24
The transaction is to acquire a real property or right-of-use asset from a related party: Yes
The price assessed in accordance with the Article 16 of the Regulations Governing the Acquisition and Disposal of Assets by Public Companies: N/A
Where the above assessed price is lower than the transaction price, the price assessed in accordance with the Article 17 of the same regulations: N/A
Any other matters that need to be specified: None
Exhibit 99.12
The Board of Directors resolved the issuance of unsecured straight corporate bonds
Date of the board of directors’ resolution: 2021/02/24
Name [issue no.__ of (secured, unsecured) corporate bonds of ___________ (company)]: United Microelectronics Corporation unsecured straight corporate bonds
Total amount issued: no more than NT$15,000 million
Face value per bond: temporarily set at NT$1 million each
Issue price: at par
Issuance period: To be decided based on market condition
Coupon rate: To be decided based on market condition
Types, names, monetary values and stipulations of collaterals: N/A
Use of the funds raised by the offering and utilization plan:
purchase of equipment and/or environmental protection related expenditures
Underwriting method: Public offering
Trustees of the corporate bonds: To be decided
Underwriter or agent: To be decided
Guarantor(s) for the issuance: None
Agent for payment of the principal and interest: To be decided
Certifying institution: None
Where convertible into shares, the rules for conversion: N/A
Sell-back conditions: None
Buyback conditions: None
Reference date for any additional share exchange, stock swap, or subscription: N/A
Possible dilution of equity in case of any additional share exchange, stock swap, or subscription: N/A
Any other matters that need to be specified:
UMC Chairman, or the person delegated by the UMC Chairman, is authorized to decide or adjust the details about the total issue amount (can be in installments), the issue date, pricing, and other relevant terms.
Exhibit 99.13
UMC’s donation to UMC Science and Culture Foundation
Date of occurrence of the event: 2021/02/24
Reason for the donation: For the promotion of culture education
Total amount of the donation: NT$10 million
Counterparty to the donation: UMC Science and Culture Foundation
Relationship with the Company:
A non-profit organization of which the funds donated from the enterprise exceeds one third of the non-profit organization’s total funds
Name and resume of independent director(s) that expressed an objection or qualified opinion: None
Objection or qualified opinion by the aforementioned independent director(s): None
Any other matters that need to be specified: None
Exhibit 99.14
United Microelectronics Corporation
February 8, 2021
This is to report the changes or status of 1) Sales volume, 2) Funds lent to other parties, 3) Endorsements and guarantees, and 4) Financial derivative transactions for the period of January 2021.
| 1) | Sales volume (NT$ Thousand) | ||||
|---|---|---|---|---|---|
| Period | Items | 2021 | 2020 | Changes | % |
| --- | --- | --- | --- | --- | --- |
| January | Net sales | 15,529,559 | 14,091,018 | 1,438,541 | 10.21% |
| Year-to-Date | Net sales | 15,529,559 | 14,091,018 | 1,438,541 | 10.21% |
| 2) | Funds lent to other parties (NT$ Thousand) | ||||
| --- | --- | ||||
| Balance as of period end | Last Month<br><br><br>(actual amount provided) | Limit of lending | |||
| --- | --- | --- | |||
| UMC | 10,519,100 | 22,076,146 | |||
| Note: On February 26, 2020 and December 16, 2020, the board of directors resolved to lend funds to USC(Xiamen) for the amount up to US 370 million. The actual amount lent to USC(Xiamen) as of January 31, 2021 was US 0 million. |
All values are in US Dollars.
| 3) | Endorsements and guarantees (NT$ Thousand) | |
|---|---|---|
| Balance as of period end | Last Month<br><br><br>(actual amount provided) | Limit of lending |
| --- | --- | --- |
| UMC | 19,122,525 | 99,342,655 |
| Note: On February 22, 2017, March 7, 2018, October 24, 2018, July 24,2019, December 18, 2019, July 29, 2020, October 29, 2020 and December 16, 2020, the board of directors resolved to provide endorsement to USC(Xiamen)’s syndicated loan from banks for the amount up to US 373 million and CNY 1,969 million. |
All values are in US Dollars.
| 4) | Financial derivatives transactions : |
|---|
aNot under hedging accounting: NT$ thousand
UMC
| Financial instruments | Option | Forwards | IRS | |
|---|---|---|---|---|
| Put | Call | |||
| Deposit Paid | 0 | 0 | 0 | 0 |
| Royalty Income (Paid) | 0 | 0 | 0 | 0 |
| Unwritten-off Trading | ||||
| Contracts | 0 | 0 | 2,777,320 | 0 |
| Fair Value | 0 | 0 | (62) | 0 |
| Net profit (loss) from Fair Value | 0 | 0 | (121) | 0 |
| Written-off Trading | ||||
| Contracts | 0 | 0 | 2,473,313 | 0 |
| Realized profit (loss) | 0 | 0 | 10,801 | 0 |
Exhibit 99.15
United Microelectronics Corporation
For the month of January, 2021
This is to report 1) the trading of directors, executive officers and 10% shareholders of United Microelectronics Corporation (“UMC”) (NYSE: UMC); 2) the pledge and clear of pledge of UMC common shares by directors, executive officers and 10% shareholders of UMC;
| 1) | The trading of directors, executive officers and 10% shareholders | |||
|---|---|---|---|---|
| Title | Name | Number of shares as of December 31, 2020 | Number of shares as of January 31, 2021 | Changes |
| --- | --- | --- | --- | --- |
| -- | -- | -- | -- | -- |
| 2) | The pledge and clear of pledge of UMC common shares by directors, executive officers and 10% shareholders: | |||
| --- | --- | |||
| Title | Name | Number of shares as of December 31, 2020 | Number of shares as of January 31, 2021 | Changes |
| --- | --- | --- | --- | --- |
| Vice President | Steven S Liu | 0 | 470,000 | 470,000 |