Nov. 26, 2021 Micron and UMC announce global settlement
Dec. 30, 2021 UMC awarded Taiwan Intellectual Property Management System (TIPS) Certification
Please visit UMC’s website for further details regarding the above announcements
Conference Call / Webcast Announcement
Tuesday, January 25, 2022
Time: 5:00 PM (Taipei) / 5:00 AM (New York) / 10:00 AM (London)
Dial-in numbers and Access Codes:
USA Toll Free: 1-866 836-0101
Taiwan Number: 02-2192-8016
Other Areas: +886-2-2192-8016
Access Code: UMC
A live webcast and replay of the 4Q21 results announcement will be available at
www.umc.com under the “Investors / Events” section.
About UMC
UMC (NYSE: UMC, TWSE: 2303) is a leading global semiconductor foundry. The company provides high quality IC production with a focus on both logic and specialty technologies to serve every major sector of the electronics industry. UMC’s comprehensive technology and manufacturing solutions include logic/RF, embedded high voltage, embedded flash, RFSOI/BCD and IATF-16949 automotive manufacturing certification for all its manufacturing facilities. UMC operates 12 fabs that are strategically located throughout Asia with a maximum capacity of approximately 800,000 8-inch equivalent wafers per month. The company employs approximately 19,500 people worldwide, with offices in Taiwan, China, United States, Europe, Japan, Korea and Singapore. For more information, please visit: http://www.umc.com.
Safe Harbor Statements
This press release contains forward-looking statements within the meaning of Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended, and as defined in the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements regarding anticipated financial results for the fourth quarter of 2021; the expected wafer shipment and ASP; the anticipated annual budget; capex strategies; environmental protection goals and water management strategies; impact of foreign currency exchange rates; expected foundry capacities; the ability to obtain new business opportunities; and information under the heading “Fourth Quarter of 2021 Outlook and Guidance.”
These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual performance, financial condition or results of operations of UMC to be materially different from what is stated or may be implied in such forward-looking statements. Investors are cautioned that actual events and results could differ materially from those statements as a result of a number of factors including, but not limited to: (i) dependence upon the frequent introduction of new services and technologies based on the latest developments in the industry in which UMC operates; (ii) the intensely competitive semiconductor, communications, consumer electronics and computer industries and markets; (iii) the risks associated with international business activities; (iv) dependence upon key personnel; (v) general economic and political conditions; (vi) possible disruptions in commercial activities caused by natural and human-induced events and disasters, including natural disasters, terrorist activity, armed conflict and highly contagious diseases; (vii) reduced end-user purchases relative to expectations and orders; and (viii) fluctuations in foreign currency exchange rates. Further information regarding these and other risk factors is included in UMC’s filings with the United States Securities and Exchange Commission, including its Annual Report on Form 20-F. All information provided in this release is as of the date of this release and are based on assumptions that UMC believes to be reasonable as of this date, and UMC does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.
The financial statements included in this release are prepared and published in accordance with Taiwan International Financial Reporting Standards, or TIFRSs, recognized by the Financial Supervisory Commission in the ROC, which is different from International Financial Reporting Standards, or IFRSs, issued by the International Accounting Standards Board. Investors are cautioned that there may be significant differences between TIFRSs and IFRSs. In addition, TIFRSs and IFRSs differ in certain significant respects from generally accepted accounting principles in the ROC and generally accepted accounting principles in the United States.
- FINANCIAL TABLES TO FOLLOW -
| UNITED MICROELECTRONICS CORPORATION AND SUBSIDIARIES | |||||||||
| Consolidated Condensed Balance Sheet | |||||||||
| As of December 31, 2021 | |||||||||
| Figures in Millions of New Taiwan Dollars (NT$) and U.S. Dollars (US$) | |||||||||
| December 31, 2021 | |||||||||
| US$ | NT$ | % | |||||||
| Assets | |||||||||
| Current assets | |||||||||
| Cash and cash equivalents | 4,793 |
|
132,622 |
|
28.6 |
% |
|||
| Accounts receivable, net | 1,272 |
|
35,190 |
|
7.6 |
% |
|||
| Inventories, net | 832 |
|
23,011 |
|
5.0 |
% |
|||
| Other current assets | 1,533 |
|
42,451 |
|
9.0 |
% |
|||
| Total current assets | 8,430 |
|
233,274 |
|
50.2 |
% |
|||
|
|
|
|
|
|
|||||
| Non-current assets |
|
|
|
|
|
||||
| Funds and investments | 2,622 |
|
72,552 |
|
15.6 |
% |
|||
| Property, plant and equipment | 4,696 |
|
129,942 |
|
28.0 |
% |
|||
| Right-of-use assets | 258 |
|
7,127 |
|
1.5 |
% |
|||
| Other non-current assets | 778 |
|
21,532 |
|
4.7 |
% |
|||
| Total non-current assets | 8,354 |
|
231,153 |
|
49.8 |
% |
|||
| Total assets | 16,784 |
|
464,427 |
|
100.0 |
% |
|||
|
|
|
|
|
|
|||||
| Liabilities |
|
|
|
|
|
||||
| Current liabilities |
|
|
|
|
|
||||
| Short-term loans | 70 |
|
1,924 |
|
0.4 |
% |
|||
| Payables | 1,515 |
|
41,911 |
|
9.0 |
% |
|||
| Current portion of long-term liabilities | 1,349 |
|
37,332 |
|
8.0 |
% |
|||
| Other current liabilities | 877 |
|
24,287 |
|
5.3 |
% |
|||
| Total current liabilities | 3,811 |
|
105,454 |
|
22.7 |
% |
|||
|
|
|
|
|
|
|||||
| Non-current liabilities |
|
|
|
|
|
||||
| Bonds payable | 834 |
|
23,078 |
|
5.0 |
% |
|||
| Long-term loans | 605 |
|
16,752 |
|
3.6 |
% |
|||
| Lease liabilities, noncurrent | 163 |
|
4,511 |
|
1.0 |
% |
|||
| Other non-current liabilities | 1,209 |
|
33,429 |
|
7.2 |
% |
|||
| Total non-current liabilities | 2,811 |
|
77,770 |
|
16.8 |
% |
|||
| Total liabilities | 6,622 |
|
183,224 |
|
39.5 |
% |
|||
|
|
|
|
|
|
|||||
| Equity |
|
|
|
|
|
||||
| Equity attributable to the parent company |
|
|
|
|
|
||||
| Capital | 4,511 |
|
124,832 |
|
26.9 |
% |
|||
| Additional paid-in capital | 1,731 |
|
47,898 |
|
10.3 |
% |
|||
| Retained earnings and other components of equity | 3,913 |
|
108,250 |
|
23.3 |
% |
|||
| Total equity attributable to the parent company | 10,155 |
|
280,980 |
|
60.5 |
% |
|||
| Non-controlling interests | 7 |
|
223 |
|
0.0 |
% |
|||
| Total equity | 10,162 |
|
281,203 |
|
60.5 |
% |
|||
| Total liabilities and equity | 16,784 |
|
464,427 |
|
100.0 |
% |
|||
| Note：New Taiwan Dollars have been translated into U.S. Dollars at the December 31, 2021 exchange rate of NT $27.67 per U.S. Dollar. | |||||||||
| UNITED MICROELECTRONICS CORPORATION AND SUBSIDIARIES | |||||||||||||||||||||||||||||
| Consolidated Condensed Statements of Comprehensive Income | |||||||||||||||||||||||||||||
| Figures in Millions of New Taiwan Dollars (NT$) and U.S. Dollars (US$) | |||||||||||||||||||||||||||||
| Except Per Share and Per ADS Data | |||||||||||||||||||||||||||||
| Year over Year Comparison | Quarter over Quarter Comparison | ||||||||||||||||||||||||||||
| Three-Month Period Ended | Three-Month Period Ended | ||||||||||||||||||||||||||||
| December 31, 2021 | December 31, 2020 | Chg. | December 31, 2021 | September 30, 2021 | Chg. | ||||||||||||||||||||||||
| US$ | NT$ | US$ | NT$ | % | US$ | NT$ | US$ | NT$ | % | ||||||||||||||||||||
| Operating revenues | 2,136 |
|
|
59,100 |
|
|
1,637 |
|
|
45,296 |
|
|
30.5 |
% |
|
2,136 |
|
|
59,100 |
|
|
2,020 |
|
|
55,907 |
|
|
5.7 |
% |
| Operating costs | (1,301 |
) |
|
(35,997 |
) |
|
(1,245 |
) |
|
(34,448 |
) |
|
4.5 |
% |
|
(1,301 |
) |
|
(35,997 |
) |
|
(1,278 |
) |
|
(35,363 |
) |
|
1.8 |
% |
| Gross profit | 835 |
|
|
23,103 |
|
|
392 |
|
|
10,848 |
|
|
113.0 |
% |
|
835 |
|
|
23,103 |
|
|
742 |
|
|
20,544 |
|
|
12.5 |
% |
| 39.1 |
% |
|
39.1 |
% |
|
23.9 |
% |
|
23.9 |
% |
|
|
|
39.1 |
% |
|
39.1 |
% |
|
36.8 |
% |
|
36.8 |
% |
|
|
|||
| Operating expenses |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||
| - Sales and marketing expenses | (45 |
) |
|
(1,240 |
) |
|
(42 |
) |
|
(1,175 |
) |
|
5.5 |
% |
|
(45 |
) |
|
(1,240 |
) |
|
(44 |
) |
|
(1,212 |
) |
|
2.3 |
% |
| - General and administrative expenses | (79 |
) |
|
(2,164 |
) |
|
(72 |
) |
|
(1,966 |
) |
|
10.0 |
% |
|
(79 |
) |
|
(2,164 |
) |
|
(77 |
) |
|
(2,119 |
) |
|
2.2 |
% |
| - Research and development expenses | (123 |
) |
|
(3,414 |
) |
|
(115 |
) |
|
(3,194 |
) |
|
6.9 |
% |
|
(123 |
) |
|
(3,414 |
) |
|
(119 |
) |
|
(3,303 |
) |
|
3.4 |
% |
| - Expected credit impairment gain (loss) | (0 |
) |
|
(3 |
) |
|
0 |
|
|
0 |
|
|
- |
|
|
(0 |
) |
|
(3 |
) |
|
(0 |
) |
|
(2 |
) |
|
37.8 |
% |
| Subtotal | (247 |
) |
|
(6,821 |
) |
|
(229 |
) |
|
(6,335 |
) |
|
7.7 |
% |
|
(247 |
) |
|
(6,821 |
) |
|
(240 |
) |
|
(6,636 |
) |
|
2.8 |
% |
| Net other operating income and expenses | 49 |
|
|
1,334 |
|
|
40 |
|
|
1,102 |
|
|
21.1 |
% |
|
49 |
|
|
1,334 |
|
|
45 |
|
|
1,227 |
|
|
8.7 |
% |
| Operating income | 637 |
|
|
17,616 |
|
|
203 |
|
|
5,615 |
|
|
213.7 |
% |
|
637 |
|
|
17,616 |
|
|
547 |
|
|
15,135 |
|
|
16.4 |
% |
| 29.8 |
% |
|
29.8 |
% |
|
12.4 |
% |
|
12.4 |
% |
|
|
|
29.8 |
% |
|
29.8 |
% |
|
27.1 |
% |
|
27.1 |
% |
|
|
|||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||
| Net non-operating income and expenses | 20 |
|
|
558 |
|
|
203 |
|
|
5,619 |
|
|
(90.1 |
%) |
|
20 |
|
|
558 |
|
|
156 |
|
|
4,317 |
|
|
(87.1 |
%) |
| Income from continuing operations
before income tax |
657 |
|
|
18,174 |
|
|
406 |
|
|
11,234 |
|
|
61.8 |
% |
|
657 |
|
|
18,174 |
|
|
703 |
|
|
19,452 |
|
|
(6.6 |
%) |
| 30.8 |
% |
|
30.8 |
% |
|
24.8 |
% |
|
24.8 |
% |
|
|
|
30.8 |
% |
|
30.8 |
% |
|
34.8 |
% |
|
34.8 |
% |
|
|
|||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||
| Income tax expenses | (79 |
) |
|
(2,169 |
) |
|
(12 |
) |
|
(344 |
) |
|
530.3 |
% |
|
(79 |
) |
|
(2,169 |
) |
|
(76 |
) |
|
(2,100 |
) |
|
3.3 |
% |
| Net income | 578 |
|
|
16,005 |
|
|
394 |
|
|
10,890 |
|
|
47.0 |
% |
|
578 |
|
|
16,005 |
|
|
627 |
|
|
17,352 |
|
|
(7.8 |
%) |
| 27.1 |
% |
|
27.1 |
% |
|
24.0 |
% |
|
24.0 |
% |
|
|
|
27.1 |
% |
|
27.1 |
% |
|
31.0 |
% |
|
31.0 |
% |
|
|
|||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||
| Other comprehensive income (loss) | 105 |
|
|
2,880 |
|
|
138 |
|
|
3,831 |
|
|
(24.8 |
%) |
|
105 |
|
|
2,880 |
|
|
(13 |
) |
|
(370 |
) |
|
- |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||
| Total comprehensive income (loss) | 683 |
|
|
18,885 |
|
|
532 |
|
|
14,721 |
|
|
28.3 |
% |
|
683 |
|
|
18,885 |
|
|
614 |
|
|
16,982 |
|
|
11.2 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||
| Net income attributable to: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||
| Shareholders of the parent | 576 |
|
|
15,949 |
|
|
405 |
|
|
11,196 |
|
|
42.5 |
% |
|
576 |
|
|
15,949 |
|
|
631 |
|
|
17,460 |
|
|
(8.7 |
%) |
| Non-controlling interests | 2 |
|
|
56 |
|
|
(11 |
) |
|
(306 |
) |
|
- |
|
|
2 |
|
|
56 |
|
|
(4 |
) |
|
(108 |
) |
|
- |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||
| Comprehensive income (loss) attributable to: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||
| Shareholders of the parent | 681 |
|
|
18,830 |
|
|
543 |
|
|
15,027 |
|
|
25.3 |
% |
|
681 |
|
|
18,830 |
|
|
618 |
|
|
17,090 |
|
|
10.2 |
% |
| Non-controlling interests | 2 |
|
|
55 |
|
|
(11 |
) |
|
(306 |
) |
|
- |
|
|
2 |
|
|
55 |
|
|
(4 |
) |
|
(108 |
) |
|
- |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||
| Earnings per share-basic | 0.047 |
|
|
1.30 |
|
|
0.033 |
|
|
0.92 |
|
|
|
|
0.047 |
|
|
1.30 |
|
|
0.052 |
|
|
1.43 |
|
|
|
||
| Earnings per ADS (2) | 0.235 |
|
|
6.50 |
|
|
0.166 |
|
|
4.60 |
|
|
|
|
0.235 |
|
|
6.50 |
|
|
0.258 |
|
|
7.15 |
|
|
|
||
| Weighted average number of shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||
| outstanding (in millions) |
|
|
12,254 |
|
|
|
|
12,206 |
|
|
|
|
|
|
12,254 |
|
|
|
|
12,206 |
|
|
|
||||||
| Notes: | |||||||||||||||||||||||||||||
| (1) New Taiwan Dollars have been translated into U.S. Dollars at the December 31, 2021 exchange rate of NT $27.67 per U.S. Dollar. | |||||||||||||||||||||||||||||
| (2) 1 ADS equals 5 common shares. | |||||||||||||||||||||||||||||
| UNITED MICROELECTRONICS CORPORATION AND SUBSIDIARIES | |||||||||||||||||||
| Consolidated Condensed Statements of Comprehensive Income | |||||||||||||||||||
| Figures in Millions of New Taiwan Dollars (NT$) and U.S. Dollars (US$) | |||||||||||||||||||
| Except Per Share and Per ADS Data | |||||||||||||||||||
| For the Three-Month Period Ended | For the Twelve-Month Period Ended | ||||||||||||||||||
| December 31, 2021 | December 31, 2021 | ||||||||||||||||||
| US$ | NT$ | % | US$ | NT$ | % | ||||||||||||||
| Operating revenues | 2,136 |
|
|
59,100 |
|
|
100.0 |
% |
|
7,698 |
|
|
213,011 |
|
|
100.0 |
% |
||
| Operating costs | (1,301 |
) |
|
(35,997 |
) |
|
(60.9 |
%) |
|
(5,094 |
) |
|
(140,961 |
) |
|
(66.2 |
%) |
||
| Gross profit | 835 |
|
|
23,103 |
|
|
39.1 |
% |
|
2,604 |
|
|
72,050 |
|
|
33.8 |
% |
||
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||
| Operating expenses |
|
|
|
|
|
|
|
|
|
|
|
||||||||
| - Sales and marketing expenses | (45 |
) |
|
(1,240 |
) |
|
(2.1 |
%) |
|
(169 |
) |
|
(4,672 |
) |
|
(2.2 |
%) |
||
| - General and administrative expenses | (79 |
) |
|
(2,164 |
) |
|
(3.6 |
%) |
|
(289 |
) |
|
(7,989 |
) |
|
(3.7 |
%) |
||
| - Research and development expenses | (123 |
) |
|
(3,414 |
) |
|
(5.8 |
%) |
|
(467 |
) |
|
(12,935 |
) |
|
(6.1 |
%) |
||
| - Expected credit impairment gain (loss) | (0 |
) |
|
(3 |
) |
|
(0.0 |
%) |
|
0 |
|
|
6 |
|
|
0.0 |
% |
||
| Subtotal | (247 |
) |
|
(6,821 |
) |
|
(11.5 |
%) |
|
(925 |
) |
|
(25,590 |
) |
|
(12.0 |
%) |
||
| Net other operating income and expenses | 49 |
|
|
1,334 |
|
|
2.2 |
% |
|
189 |
|
|
5,226 |
|
|
2.5 |
% |
||
| Operating income | 637 |
|
|
17,616 |
|
|
29.8 |
% |
|
1,868 |
|
|
51,686 |
|
|
24.3 |
% |
||
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||
| Net non-operating income and expenses | 20 |
|
|
558 |
|
|
1.0 |
% |
|
366 |
|
|
10,117 |
|
|
4.7 |
% |
||
| Income from continuing operations
before income tax |
657 |
|
|
18,174 |
|
|
30.8 |
% |
|
2,234 |
|
|
61,803 |
|
|
29.0 |
% |
||
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||
| Income tax expense | (79 |
) |
|
(2,169 |
) |
|
(3.7 |
%) |
|
(242 |
) |
|
(6,691 |
) |
|
(3.1 |
%) |
||
| Net income | 578 |
|
|
16,005 |
|
|
27.1 |
% |
|
1,992 |
|
|
55,112 |
|
|
25.9 |
% |
||
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||
| Other comprehensive income (loss) | 105 |
|
|
2,880 |
|
|
4.9 |
% |
|
149 |
|
|
4,132 |
|
|
1.9 |
% |
||
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||
| Total comprehensive income (loss) | 683 |
|
|
18,885 |
|
|
32.0 |
% |
|
2,141 |
|
|
59,244 |
|
|
27.8 |
% |
||
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||
| Net income attributable to: |
|
|
|
|
|
|
|
|
|
|
|
||||||||
| Shareholders of the parent | 576 |
|
|
15,949 |
|
|
27.0 |
% |
|
2,016 |
|
|
55,780 |
|
|
26.2 |
% |
||
| Non-controlling interests | 2 |
|
|
56 |
|
|
0.1 |
% |
|
(24 |
) |
|
(668 |
) |
|
(0.3 |
%) |
||
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||
| Comprehensive income (loss) attributable to: |
|
|
|
|
|
|
|
|
|
|
|
||||||||
| Shareholders of the parent | 681 |
|
|
18,830 |
|
|
31.9 |
% |
|
2,165 |
|
|
59,912 |
|
|
28.1 |
% |
||
| Non-controlling interests | 2 |
|
|
55 |
|
|
0.1 |
% |
|
(24 |
) |
|
(668 |
) |
|
(0.3 |
%) |
||
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||
| Earnings per share-basic | 0.047 |
|
|
1.30 |
|
|
|
|
0.165 |
|
|
4.57 |
|
|
|
||||
| Earnings per ADS (2) | 0.235 |
|
|
6.50 |
|
|
|
|
0.826 |
|
|
22.85 |
|
|
|
||||
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||
| Weighted average number of shares
outstanding (in millions) |
|
|
12,254 |
|
|
|
|
|
|
12,218 |
|
|
|
||||||
| Notes: | |||||||||||||||||||
| (1) New Taiwan Dollars have been translated into U.S. Dollars at the December 31, 2021 exchange rate of NT $27.67 per U.S. Dollar. | |||||||||||||||||||
| (2) 1 ADS equals 5 common shares. | |||||||||||||||||||
| UNITED MICROELECTRONICS CORPORATION AND SUBSIDIARIES | ||||
| Consolidated Condensed Statement of Cash Flows | ||||
| For The Twelve-Month Period Ended December 31, 2021 | ||||
| Figures in Millions of New Taiwan Dollars (NT$) and U.S. Dollars (US$) | ||||
| US$ | NT$ | |||
| Cash flows from operating activities : | ||||
| Net income before tax | 2,234 |
61,803 |
||
| Depreciation & Amortization | 1,701 |
47,075 |
||
| Share of profit of associates and joint ventures | (307) |
(8,495) |
||
| Income tax paid | (70) |
(1,937) |
||
| Changes in working capital & others | (293) |
(8,094) |
||
| Net cash provided by operating activities | 3,265 |
90,352 |
||
| Cash flows from investing activities : | ||||
| Acquisition of property, plant and equipment | (1,736) |
(48,035) |
||
| Acquisition of intangible assets | (70) |
(1,925) |
||
| Increase in other financial assets | (542) |
(14,989) |
||
| Others | 101 |
2,786 |
||
| Net cash used in investing activities | (2,247) |
(62,163) |
||
| Cash flows from financing activities : | ||||
| Decrease in short-term loans | (324) |
(8,974) |
||
| Proceeds from bonds issued | 931 |
25,761 |
||
| Redemption of bonds | (72) |
(2,000) |
||
| Proceeds from long-term loans | 562 |
15,561 |
||
| Repayments of long-term loans | (415) |
(11,472) |
||
| Increase in guarantee deposits | 514 |
14,219 |
||
| Cash dividends | (718) |
(19,871) |
||
| Others | (27) |
(734) |
||
| Net cash provided by financing activities | 451 |
12,490 |
||
| Effect of exchange rate changes on cash and cash equivalents | (75) |
(2,105) |
||
| Net increase in cash and cash equivalents | 1,394 |
38,574 |
||
| Cash and cash equivalents at beginning of period | 3,399 |
94,048 |
||
| Cash and cash equivalents at end of period | 4,793 |
132,622 |
||
| Note: New Taiwan Dollars have been translated into U.S. Dollars at the December 31, 2021 exchange rate of NT $27.67 per U.S. Dollar. | ||||
