1934 ACT REGISTRATION NO. 1-15128
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
DATED OCTOBER 16, 2003
FOR THE MONTH OF SEPTEMBER 2003
UNITED MICROELECTRONICS CORPORATION
(TRANSLATION OF REGISTRANT'S NAME INTO ENGLISH)
NO. 3 LI HSIN ROAD II
SCIENCE-BASED INDUSTRIAL 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 of form 20-F or Form 40-F.)
Form 20-F [X] Form 40-F ______
(Indicate by check mark whether the registrant by furnishing the
information contained in this form is also thereby furnishing the information to
the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of
1934.)
Yes ______ No [X]
(If "Yes" is marked, indicated below the file number assigned to the
registrant in connection with Rule 12g3-2(b): Not applicable )
SIGNATURE
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, thereunto duly authorized.
United Microelectronics Corporation
Date: 10/16/2003 By /s/ Stan Hung
---------------------- ---------------------------------
Stan Hung
Chief Financial Officer
EXHIBIT
Exhibit Description
99.1 Announcement on September 18, 2003: UMC and Ricoh Broaden 0.13um
Manufacturing Partnership
99.2 Announcement on September 22, 2003: Represent subsidiary Company UMCi
Pte Ltd to announce information on acquisition of equipment
99.3 Announcement on September 23, 2003: Board Approved a Resolution for
Stock Option Plan
99.4 Announcement on September 30, 2003: To announce related materials on
acquisition of UMCi PTE LTD securities
99.5 Announcement on October 3, 2003: To announce related materials on
disposal of Novatek Microelectronics Corp. securities
99.6 Announcement on October 6, 2003: Important resolutions approved from
the Company's 8th term, 29th Board Meeting
99.7 Announcement on October 6, 2003: Announcement in connection with the
first conversion sale of common shares of UMC by shareholders in the
form of ADS
99.8 Announcement on October 7, 2003: To announce related materials on
disposal of AU Optronics Corp. securities
99.9 Announcement on October 9, 2003: To announce related materials on
disposal of AU Optronics Corp. securities
99.10 Announcement on October 9, 2003: September sales
99.11 Announcement on October 14, 2003: To announce related materials on
disposal of AU Optronics Corp. securities
99.12 Announcement on October 15, 2003: 1) the trading and pledge of UMC
common shares by directors, supervisors, executive officers and 10%
shareholders of UMC 2) the acquisition and disposition of assets by
UMC
Exhibit 99.1
UMC AND RICOH BROADEN 0.13UM MANUFACTURING PARTNERSHIP
1.Date of occurrence of the event: 2003/09/17
2.Cause of occurrence: Hsinchu, Taiwan, and Osaka, Japan, September 17, 2003 --
UMC (NYSE: UMC), a world leading semiconductor foundry and Ricoh Company Ltd.,
today announced that the two companies have expanded upon their 0.13um
partnership success with the introduction of several new image-processing ICs
based on this leading edge process technology, with working silicon already
achieved for one of the new products. UMC has been in volume production for
Ricoh's 0.13um GPU chip with excellent manufacturing yields, and is applying
this knowledge and experience to rapidly develop Ricoh's new line of 0.13um
products.
3.Countermeasures: none
4.Any other matters that need to be specified: none
Exhibit 99.2
REPRESENT SUBSIDIARY COMPANY UMCi PTE LTD TO ANNOUNCE INFORMATION ON ACQUISITION
OF EQUIPMENT
1.Name and nature of the subject matter (e.g.land located at Sublot XX, Lot XX,
North District, Taichung City):equipment
2.Date of the occurrence of the event:2003/09/01~2003/09/22
3.Transaction volume (e.g.XX square meters, equivalent to XX p'ing), unit price,
total transaction price: transaction volume:10; unit price: USD2,790,000; total
transaction price:US27,900,000
4.Counterparty to the trade and its relationship with the company (if the
trading counterpart is a natural person and is not an actual related party of
the Company, the name of the trading counterpart is not required to be
disclosed):
APPLIED MATERIALS ASIA PACIFIC LTD., not related to the Company
5.Where the counterpart to the trade is an actual related party, a public
announcement shall also include the reason for choosing the related party as
trading counterpart and the identity of the previous owner (including its
relationship with the company and the trading counterpart), price of transfer
and the date of acquisition: not applicable
6.Where a person who owned the property within the past five years has been an
actual related person of the company, a public announcement shall also include
the dates and prices of acquisition and disposal by the related person and the
person's relationship to the company at those times: not applicable
7.Anticipated loss or profit from the disposal (not applicable in cases of
acquisition of assets) (where originally deferred, the status or recognition
shall be stated and explained): not applicable
8.Terms of delivery or payment (including payment period and monetary
amount):100% paid after acceptance; restrictive convenants: no; other important
stipulations: no
9.The manner of deciding on this transaction (such as tender invitation, price
comparison, or price negotiation), the reference basis for the decision on price
and the decision-making department: The manner of deciding on this transaction:
price negotiation The reference basis for the decision on price: market price
The decision-making department: Selection Meeting
10.Name of the professional appraisal institution and its appraisal amount: not
applicable
11.Reason for any significant discrepancy with the transaction amount, and
opinion of the certifying CPA: not applicable
12.Is the appraisal report price a limited price or specific price?: not
applicable
13.Has an appraisal report not yet been obtained?: not applicable
14.Reason an appraisal report has not yet been obtained: not applicable
15.Broker and broker's fee: none
16.Concrete purpose or use of the acquisition or disposition: for production
purpose
17.Do the directors have any objection to the present transaction?: none
18.Any other matters that need to be specified: none
Exhibit 99.3
BOARD APPROVED A RESOLUTION FOR STOCK OPTION PLAN
1.Date of the board of directors resolution: 2003/09/23
2.Issue period: The stock options will be granted within one year of the plan's
approval by regulatory authority. The options may be granted in whole or
tranches. The actual issue date(s) will be decided by the chairman.
3.Conditions of eligibility for subscription rights: All regular employees of
the Company and its domestic and overseas affiliated companies are eligible for
the stock option plan whereas the base date for eligibility will be determined
by the chairman. In practice, eligible employees and the number of options
granted to an employee will be determined by a number of factors, including
seniority, job grade, job performance, contribution, special achievement and
other conditions deemed relevant by the management. The grant of options to
respective employees will be finalized following the approval of the chairman
and consent of the board of directors. In case an optionee violates the
employment agreement, work rules or other company rules, the Company may,
depending on the severity of the violation, revoke, in whole or in part, the
vested, unexercised options of said employee.
4.Number of total issued units of the employee stock option certificates:
150,000,000 units
5.Number of shares each unit represents:1 share
6.Total number of new shares to be issued due to exercise of stock option or the
number of shares for share buy-back as required by Article 28-2 of the
Securities and Exchange Law:150,000,000 shares
7.Criteria for setting the terms and conditions for exercising stock option
(including exercise price, exercise period, class of shares with which to
exercise stock option, handling process in case of inheritance/employee
resignation, etc):
a.Exercise price: The exercise price for the shares is the market closing price
of Company's common shares on the day the options are issued (granted).
b.Vesting Schedule: The grant period for options is six (6) years, during which
employees may not transfer their options except to heirs. Upon the expiration of
the grant period, unexercised options are deemed forfeited by the employee and
the optionee may no longer claim right to buy shares. Unless the options are
otherwise revoked in part or in whole, employees may exercise their options by
the following schedule starting two years after the grant of options:
(1)Employees may exercise up to 50% of their options two years after the grant,
i.e. 50% options vest in two years after the grant.
(2)Employees may exercise up to 75% of their options three years after the
grant, i.e. 75% options vest in three years after the grant.
(3)Employees may exercise up to 100% of their options four years after the
grant, i.e. 100% options vest in four years after the grant.
8.Method for performance of contract: The Company will issue new share.
9.Adjustment of exercise price:
After the issuance of the option, unless the company increases its capital by
surplus and/or capital reserve, the exercise price shall not be adjusted. The
exercise price shall be computed by the following formulae:
(Computation up to decimal two digits of New Taiwan dollars and the fraction is
rounded off at 4 to become 5)
Adjusted subscription price =
[( Exercise price before adjustment X shares issued) + (Amount paid for each
share X number of new shares issued) ] DIVIDED BY (shares issued + number of new
shares issued)
a.Shares issued refer to total number of common stocks issued, including the
number of treasury shares which have not been cancelled or transferred, but
excluding outstanding entitlement certificates issued in connection with the
Plan or convertible bonds.
b.In the case of free distribution of shares, the amount paid for each share
shall be zero.
c.If the exercise price after adjustment exceeds the exercise price before
adjustment, no adjustment shall be made.
10.Procedures for exercising option:
a.Except the pre-defined closed period or a period in which exercise of options
is not permitted by relevant laws and regulations or otherwise stipulated under
the Plan, the option holder may, in accordance with Article 6(b) of the Plan
hereof, exercise the right to purchase share by submitting the written request
(exercise form) to the company's stock transfer agent, SinoPac Securities Co.'s
department of securities affairs.
b.After the Request is accepted by the company's stock transfer agent, SinoPac
Co.'s department of securities affairs, the subscriber will be notified for
payment at a designated bank. The exercise of option is irrevocable once the
payment is made.
c.Unless otherwise stipulated in the Plan hereof, upon confirmation of payment
the company's stock transfer agent, SinoPac Securities Co.'s department of
securities affairs shall register the number of shares exercised in the
shareholders records and, within 5 business days, issue the entitlement
certificates.
d.As of the date the entitlement certificates, the entitlement certificates
are tradable upon the delivery.
e.The pre-defined closed period for exercise mentioned under Article 8(a) above
shall refer to:
(1)7 business days prior to the date of the Board meeting in preparation for the
annual shareholder's general meeting, including the day on which the board
meeting is being held, till the stock dividend record date or dividend record
date, whichever comes later. When there is no distribution of dividend for the
year as resolved by the annual shareholder's general meeting, the final day
shall end on the date on which the shareholder's annual general meeting was
held.
(2)From the Board meeting date which the merger record date is determined till
the merger record date; or from the Board meeting date which stock split record
date is determined till the stock split record date; or from the Board meeting
date which dividend record date is determined till dividend record date.
11.Rights and obligations after exercising options:
The holders of entitlement certificates of the company issued under the Plan
shall have the same rights and obligations as holders of common shares of the
Company.
12.The record date for share conversion, if conversion, exchange, or
subscription rights are attached:
(1)7 business days prior to the date of the Board meeting in preparation for the
annual shareholder's general meeting, including the day on which the board
meeting is being held,
(2)9/28
(3)12/28
13.Possible dilution of equity, if conversion, exchange, or subscription rights
are attached: The dilution is 0.95% to shareholders.
14.Other important stipulations:
a.The Rules herein shall come into force following resolution by the board of
directors and approval by the regulatory authority. In case of changes in
ordinance, reversal of decision by the regulatory authority or change in the
objective environment, the Company may amend or terminate the Rules herein by
the resolution of the board of directors and approval by the regulatory
authority.
b.For matters not specified herein, relevant laws and regulations of the
Republic of China shall govern.
15.Any other matters that need to be specified: none
Exhibit 99.4
TO ANNOUNCE RELATED MATERIALS ON ACQUISITION OF UMCi PTE LTD SECURITIES
1.Name and nature of the subject matter (if preferred shares, the terms and
conditions of issuance shall also be indicated, e.g.dividend yield): UMCi PTE
LTD
2.Date of occurrence of the event:2003/09/30
3.Volume, unit price, and total monetary amount of the transaction: Volume:
310,370,988 shares (including 67,500,000 technical shares); unit price: $1 USD;
total amount:$310,370,988 USD
4.Counterpart to the trade and its relationship to the Company (if the trading
counterpart is a natural person and furthermore is not an actual related party
of the Company, the name of the trading counterpart is not required to be
disclosed):UMCi PTE LTD; investee company which UMC holds 75.03%
5.Where the counterpart to the trade is an actual related party, a public
announcement shall also be made of the reason for choosing the related party as
trading counterpart and the identity of the previous owner (including its
relationship with the company and the trading counterpart), price of transfer,
and date of acquisition: Not applicable
6.Where a person who owned the property within the past five years has been an
actual related person of the company, a public announcement shall also include
the dates and prices of acquisition and disposal by the related person and the
person's relationship to the company at those times: Not applicable
7.Matters related to the creditor's rights currently being disposed of
(including types of collateral of the disposed creditor's rights; if the
creditor's rights are creditor's rights toward a related person, the name of the
related person and the book amount of the creditor's rights toward such related
person currently being disposed of must also be announced):Not applicable
8.Anticipated profit or loss from the disposal (not applicable in cases of
acquisition of securities) (where originally deferred, the status or recognition
shall be stated and explained):Not applicable
9.Terms of delivery or payment (including payment period and monetary amount),
restrictive covenants in the contract, and other important stipulations: one
time payment,$242,870,988 USD
10.The manner in which the current transaction was decided, the reference basis
for the decision on price, and the decision-making department: Cash injection;
The Chairman and President Office
11.Current cumulative volume, amount, and shareholding percentage
of holdings of the security being traded (including the current trade) and
status of any restriction of rights (e.g.pledges):cumulative volume:657,242,263
shares; amount:$19,015,618,328 NTD; percentage of holdings: 75.03%;status of
restriction of rights: no
12.Current ratio of long or short term securities investment (including the
current trade) to the total assets and shareholder's equity as shown in the most
recent financial statement and the operating capital as shown in the most recent
financial statement: ratio of total assets:23.87%; ratio of shareholder's
equity:33.40%; the operational capital as shown in the most recent financial
statement:$71,840,999 thousand NTD
13.Broker and broker's fee: none
14.Concrete purpose or use of the acquisition or disposition: long term
investment on share holdings
15.Net worth per share of company underlying securities acquired or disposed of:
not applicable
16.Do the directors have any objection to the present transaction?: none
17.Has the CPA issued an opinion on the unreasonableness of the price of the
current transaction?: none
18.Any other matters that need to be specified: none
Exhibit 99.5
TO ANNOUNCE RELATED MATERIALS ON DISPOSAL OF NOVATEK MICROELECTRONICS CORP.
SECURITIES
1.Name of the securities: common shares of Novatek Microelectronics Corp.
2.Trading date:2003/10/03
3.Trading volume, unit price, and total monetary amount of the transaction:
trading volume:17,000,000 shares; average unit price:$95.642 NTD; total amount:
$1,625,914,000 NTD
4.Gain (or loss) (not applicable in case of acquisition of securities):
$1,370,326,474 NTD
5.Relationship with the underlying company of the trade: Novatek
Microelectronics Corp., investee company under cost method
6.Current cumulative volume, amount, and shareholding percentage of holdings of
the security being traded (including the current trade) and status of any
restriction of rights (e.g.pledges): cumulative volume:69,147,190
shares;amount:1,039,597,599 NTD; percentage of holdings:20.44%; status of
restriction of rights: no
7.Current ratio of long or short term securities investment (including the
current trade) to the total assets and shareholder's equity as shown in the most
recent financial statement and the operational capital as shown in the most
recent financial statement: ratio of total assets:24.55% ratio of shareholder's
equity:34.35%; the operational capital as shown in the most recent financial
statement: $71,840,999 thousand NTD
8.Concrete purpose/objective of the acquisition or disposal: financing operation
9.Do the directors have any objections to the present transaction?: none
10.Any other matters that need to be specified: none
Exhibit 99.6
IMPORTANT RESOLUTIONS APPROVED FROM THE COMPANY'S 8TH TERM, 29TH BOARD MEETING
1.Date of occurrence of the event: 2003/10/03
2.Cause of occurrence: The Board of Directors of the Company has amended the
Policy for UMC Conversion Sale Program on October 3, 2003. The amendment
includes:
(1)The maximum amount of common shares to be sold in each sale is lifted from
0.3% to 0.6% of the total outstanding common shares during any sale period as of
the relevant announcement date, provided that UMC may from time to time
determine to increase such aggregate amount of common shares during a sale
period to an amount not exceeding 1.0% of the total outstanding common shares as
of the relevant announcement date. All ADSs to be sold shall be allocated pro
rata to all eligible Selling Shareholders based on their respective indicated
numbers of Common Shares for prospective Sales, which indicated numbers of
Common Shares shall in no event exceed the aggregate amount of Common Shares to
be sold in a Sale Period.
(2)The affiliate of the Company is newly excluded to be a selling shareholder in
the sale program.
3.Countermeasures:none
4.Any other matters that need to be specified: none
Exhibit 99.7
ANNOUNCEMENT IN CONNECTION WITH THE FIRST CONVERSION SALE OF COMMON SHARES OF
UMC BY SHAREHOLDERS IN THE FORM OF ADS
1.Date of occurrence of the event: 2003/10/06
2.Cause of occurrence:
(1)Holders of Common Shares who are interested in selling his/her/its Common
Shares by participating in the conversion sale program shall satisfy the
following eligibility requirements under the Policy of UMC Conversion Sale
Program:
A. Minimum number of shares held: The minimum number of Common Shares which are
held by any Selling Shareholder and eligible for Sale shall not be less than
0.04% of the total outstanding Common Shares, i.e., 6,322,113 shares as of
October 6, 2003.
B. Minimum holding period: The Selling Shareholder has owned the Common Shares
offered for Sale under the Program for a minimum period of one year (from
2002/10/06/ to 2003/10/05).
C. Status of shareholder: The Selling Shareholder must not be an affiliate (as
defined under U.S. securities laws) of UMC. In addition, UMC's management and
employees are prohibited from participating in the Program.
(2)The aggregate amount of common shares sold in this program shall be not more
than 0.6% of the total outstanding Common Shares; provided that UMC may
determine to increase such aggregate amount of Common Shares during a Sale
Period to an amount not exceeding 1.0% of the total outstanding Common Shares as
of the relevant Announcement Date.
(3)Any interested and eligible shareholders may apply with SinoPac Securities
(Address: 18F, 2 Chung Ching S. Rd., Sec.1 Taipei, Taiwan
TEL:2316-5228,2316-5176) and submit the application form with all necessary
documentation before 5pm, October 17, 2003 to SinoPac Securities. More
information can be found on the Company's website: www.umc.com
3.Countermeasures:none
4.Any other matters that need to be specified: none
Exhibit 99.8
To announce related materials on disposal of AU Optronics Corp. securities
1. Name of the securities: common shares of AU Optronics Corp.
2. Trading date: 2003/10/06~2003/10/07
3. Trading volume, unit price, and total monetary amount of the transaction:
trading volume: 9,300,000 shares; average unit price:$45.143 NTD; total amount:
$419,832,400 NTD
4. Gain (or loss) (not applicable in case of acquisition of securities):
$288,344,406 NTD
5. Relationship with the underlying company of the trade: AU Optronics Corp.,
investee company under cost method
6. Current cumulative volume, amount, and shareholding percentage of holdings
of the security being traded (including the current trade) and status of any
restriction of rights (e.g. pledges): cumulative volume: 463,712,039 shares;
amount:6,556,189,859 NTD; percentage of holdings:10.86%; status of restriction
of rights: no
7. Current ratio of long or short term securities investment (including the
current trade) to the total assets and shareholder's equity as shown in the most
recent financial statement and the operational capital as shown in the most
recent financial statement: ratio of total assets: 24.51% ratio of shareholder's
equity: 34.29%; the operational capital as shown in the most recent financial
statement: $71,840,999 thousand NTD
8. Concrete purpose/objective of the acquisition or disposal: financing
operation
9. Do the directors have any objections to the present transaction?: none
10. Any other matters that need to be specified: none
Exhibit 99.9
TO ANNOUNCE RELATED MATERIALS ON DISPOSAL OF AU OPTRONICS CORP. SECURITIES
1.Name of the securities: common shares of AU Optronics Corp.
2.Trading date:2003/10/08~2003/10/09
3.Trading volume, unit price, and total monetary amount of the transaction:
trading volume:9,600,000 shares; average unit price:$43.65 NTD; total amount:
$419,036,800 NTD
4.Gain (or loss) (not applicable in case of acquisition of securities):
$283,307,258 NTD
5.Relationship with the underlying company of the trade: AU Optronics Corp.,
investee company under cost method
6.Current cumulative volume, amount, and shareholding percentage of holdings of
the security being traded (including the current trade) and status of any
restriction of rights (e.g.pledges): cumulative volume:454,083,686
shares;amount:6,420,059,448 NTD; percentage of holdings:10.63%; status of
restriction of rights: no
7.Current ratio of long or short term securities investment (including the
current trade) to the total assets and shareholder's equity as shown in the most
recent financial statement and the operational capital as shown in the most
recent financial statement: ratio of total assets:24.46% ratio of shareholder's
equity:34.22%; the operational capital as shown in the most recent financial
statement: $71,840,999 thousand NTD
8.Concrete purpose/objective of the acquisition or disposal: financing operation
9.Do the directors have any objections to the present transaction?: none
10.Any other matters that need to be specified: none
Exhibit 99.10
UNITED MICROELECTRONICS CORPORATION
October 9, 2003
This is to report the changes or status of 1) Sales volume 2) Funds lent to
other parties 3) Endorsements and guarantees 4) Financial derivative
transactions for the period of September 2003
1) Sales volume (NT$ Thousand)
PERIOD ITEMS 2003 2002 CHANGES %
--------- -------------- ---------- ---------- ---------- ------
September Invoice amount 7,593,464 6,429,928 1,163,536 18.10%
Jan - Sep Invoice amount 63,208,960 54,157,296 9,051,664 16.71%
September Net sales 7,521,381 6,014,749 1,506,632 25.05%
Jan - Sep Net sales 61,142,874 49,891,921 11,250,953 22.55%
2) Funds lent to other parties (NT$ Thousand)
BALANCE AS OF PERIOD END
----------------------------------
THIS MONTH LAST MONTH LIMIT OF LENDING
---------- ---------- ----------------
UMC 0 0 32,281,487
UMC's subsidiaries 30,141 30,417 1,940,958
3) Endorsements and guarantees (NT$ Thousand)
CHANGE IN THIS MONTH BALANCE AS OF PERIOD END LIMIT OF ENDORSEMENTS
-------------------- ------------------------ ---------------------
UMC 0 0 64,562,974
UMC's subsidiaries 178,111 178,111 178,111
UMC endorses for subsidiaries 0 0
UMC's subsidiaries endorse for UMC 0 0
UMC endorses for PRC companies 0 0
UMC's subsidiaries endorse for PRC companies 0 0
4) Financial derivatives transactions
a-1 Hedging purpose (for assets/liabilities denominated in foreign currencies)
Underlying assets / liabilities N/A
Financial instruments
Realized profit (loss)
a-2 Hedging purpose (for the position of floating rate liabilities) NT$ thousand
Underlying assets / liabilities 15,000
Financial instruments Interest rate swap
Mark to market value 30.6
b Trading purpose : None
Exhibit 99.11
TO ANNOUNCE RELATED MATERIALS ON DISPOSAL OF AU OPTRONICS CORP. SECURITIES
1.Name of the securities: common shares of AU Optronics Corp.
2.Trading date:2003/10/13~2003/10/14
3.Trading volume, unit price, and total monetary amount of the transaction:
trading volume:9,600,000 shares; average unit price:$45.47 NTD; total amount:
$436,524,400 NTD
4.Gain (or loss) (not applicable in case of acquisition of securities):
$300,794,858 NTD
5.Relationship with the underlying company of the trade: AU Optronics Corp.,
investee company under cost method
6.Current cumulative volume, amount, and shareholding percentage of holdings of
the security being traded (including the current trade) and status of any
restriction of rights (e.g.pledges): cumulative volume:444,483,858
shares;amount:6,284,329,906 NTD; percentage of holdings:10.41%; status of
restriction of rights: no
7.Current ratio of long or short term securities investment (including the
current trade) to the total assets and shareholder's equity as shown in the most
recent financial statement and the operational capital as shown in the most
recent financial statement: ratio of total assets:24.42% ratio of shareholder's
equity:34.16%; the operational capital as shown in the most recent financial
statement: $71,840,999 thousand NTD
8.Concrete purpose/objective of the acquisition or disposal: financing operation
9.Do the directors have any objections to the present transaction?: none
10.Any other matters that need to be specified: none
Exhibit 99.12
UNITED MICROELECTRONICS CORPORATION
For the month of September, 2003
This is to report 1) the trading of directors, supervisors, executive officers
and 10% shareholders of United Microelectronics Corporation ("UMC") (NYSE : UMC)
2) the pledge and clear of pledge of UMC common shares by directors,
supervisors, executive officers and 10% shareholders of UMC 3) the acquisition
assets by UMC 4) the disposition of assets by UMC for the month of September,
2003
1) The trading of directors, supervisors, executive officers and 10%
shareholders
Number of shares held
when elected (for
Directors,
Supervisors and Number of shares Number of shares
Executive Officers) held as of held as of
Title Name or as May 30, 2001 August 31, 2003 September 30, 2003 Changes
--------- ----------- --------------------- ---------------- ------------------ ---------
CMO Chris Chi 3,027,464 2,847,464 (180,000)
President Fu-Tai Liou 5,579,735 5,409,735 (170,000)
President Hong-Jen Wu 32,462,872 32,282,872 (180,000)
2) The pledge and clear of pledge of UMC common shares by directors,
supervisors, executive officers and 10% shareholders
Number of Number of
shares pledge shares pledge
as of as of
Title Name August 31, 2003 September 30, 2003 Changes
----- ---- ---------------- ------------------- -------
N/a N/a
3) The acquisition assets (NT$ Thousand)
Description of assets September Jan - Sep
--------------------------------------- --------- ---------
Semiconductor Manufacturing Equipment 266,402 4,515,932
Fixed assets 0 38,518
4) The disposition of assets (NT$ Thousand)
Description of assets September Jan - Sep
--------------------------------------- --------- ---------
Semiconductor Manufacturing Equipment 156,255 1,495,757
Fixed assets 0 27,523