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Fri, Dec 30, 2005 - Page 1　News List

UMC chairman will step down

RESIGNATION The chairman of the world's second-largest contract chipmaker has decided to leave his post in March, a statement released by the company said yesterday

By Lisa Wang and Amber Chung  /  STAFF REPORTERS

unchanged his “buy” rating on UMC with six-month target price at NT$23.

UMC shares yesterday advanced 0.27 percent to NT$18.9 on the Taiwan Stock Exchange, which is close to the historical low of NT$18.7 set in January of 1991.

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