UMC Orders NT$1.26 Billion in Equipment from Applied Materials South East Asia

Reuters12-30 19:06
UMC Orders NT$1.26 Billion in Equipment from <a href="https://laohu8.com/S/AMAT">Applied</a> Materials South East Asia

United Microelectronics Corporation $(UMC)$ announced the acquisition of machinery and equipment from Applied Materials South East Asia Pte. Ltd. The transaction involves the purchase of one batch of equipment at an average unit price and total transaction price of NT$1,259,089,982. The acquisition was made through price negotiation based on market prices, with the decision approved by the Selection Meeting department. The payment terms are based on the purchase order, and there are no restrictive covenants or other special terms in the contract. The counterparty is not a related party to UMC.

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