Latest news with #UMC
Bloomberg
15 hours ago
- Business
- Bloomberg
TSMC Shares Trail Smaller Peer UMC After High-Dividend ETF Snub
Taiwan Semiconductor Manufacturing Co. 's stock is lagging smaller rival United Microelectronics Corp. after being brushed aside by some of Taiwan's biggest yield-focused exchange-traded funds. Shares of TSMC, the world's largest contract chipmaker, have dropped 3.7% this year, compared to an 11% gain for UMC, according to data compiled by Bloomberg. UMC's dividend yield of more than 6% has given it substantial exposure to Taiwan's high-dividend ETFs, which collectively manage more than $44 billion in assets, Bloomberg data show.
Yahoo
4 days ago
- General
- Yahoo
United Methodist Communities Foundation Raises Over $50,000 To Support Compassionate Senior Living
The Organization Celebrated 40 Years of Impact with Cruise Event to Advance Sustainable Senior Living Across New Jersey NEPTUNE, N.J., June 16, 2025 /PRNewswire/ -- The United Methodist Communities Foundation (UMCF) celebrated its 40th anniversary with a fundraising cruise aboard the River Queen in Brielle, NJ. The event, themed "Anchored in Generosity," brought together longtime supporters, new partners, residents, and sponsors to honor the foundation's four decades of impact and look ahead to a bright future for senior care. The celebration raised over $50,000 to support the foundation's mission to advance sustainable community living and compassionate care for seniors through critical funding for United Methodist Communities' (UMC) programs, housing, and healthcare initiatives. "We're grateful to everyone who joined us and has supported our mission over the years," said Jim Roberts, Vice President of the UMC Foundation. "This anniversary was not only a celebration of our past but a reaffirmation of our commitment to ensuring that New Jersey seniors live their most abundant lives." Guests included supporters from across the state, as well as UMC residents Rose and Eva from Covenant Place, who shared heartfelt stories about how the generosity of UMC and its supporters has profoundly impacted their lives. The cruise included a sunset sail, live music, and a program that paid tribute to UMCF's legacy while energizing supporters for the future of the organization. Special recognition goes to Visionary Tier sponsors, whose leadership and generosity helped make the event possible: Caring Communities EcoLab Eklego Hackensack Meridian Health Princeton Strategic Communications About the UMC FoundationThe UMC Foundation (UMCF) advances sustainable community living and compassionate care for seniors by raising critical funds for United Methodist Communities (UMC). The Foundation builds strong partnerships and secures funding to support residents with limited financial means and fund UMC's housing, innovative healthcare, and community-driven programs. Together with a committed community of donors, sponsors, local churches, and advocates, UMCF is helping older adults live their most abundant lives. To learn more or support the mission, visit CONTACT: Eliza Rosenthale, eliza@ (609) 558-3330 View original content: SOURCE UMC Foundation Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Time of India
5 days ago
- Politics
- Time of India
Instruct public works department to raze illegal ghat on Ulhas river, Ulhasnagar Municipal Corporation tells Maharashtra irrigation department
Ulhasnagar: Days after the state irrigation department declared the ghat being built on Ulhas river using BJP MLA Kumar Ailani's funds as illegal and instructed Ulhasnagar Municipal Corporation (UMC) to demolish it, the civic body said that as public works department (PWD) is building the ghat, it should raze it too. UMC commissioner Manisha Awhale told TOI that they will write to the irrigation department urging them to direct PWD to demolish the illegal ghat. Of the Rs 7-crore ghat project, more than Rs 3 crore has been spent, said sources. In 2022, PWD started work after Ailani disbursed MLA funds to build the ghat for Ganpati immersions and a walking path behind Regency Antilia society. Activist Sarita Khanchandani complained to UMC that hundreds of trees were illegally cut on the banks and cement construction was illegally done inside the river bed. A wall was also built to divert the flow of the river, which could cause a flood situation in the surrounding villages during heavy rain, she complained. When UMC did not respond, Khanchandani complained to the irrigation department and Thane collector. Earlier, this week, the irrigation department directed UMC to "remove the unauthorised constructions and fillings in Ulhas riverbed". Sena (UBT)'s Ulhasnagar deputy city chief Dilip Mishra accused Ailani of misusing public money to carry out the illegal construction and demanded a probe by state govt. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 5 Books Warren Buffett Wants You to Read In 2025 Blinkist: Warren Buffett's Reading List Undo Earlier, Ailani had told TOI that the ghat being built in Ulhas River is legal and he has already planted 200 trees in place of the cut trees. Ulhas river, a vital water source for around 50 lakh people in the Mumbai Metropolitan Region, including Ulhasnagar, Kalyan- Dombivli, Ambernath and Badlapur, remains in news for pollution-related complaints from citizens. In the past, the National Green Tribunal had issued orders to different authorities to address the pollution of Ulhas River. These orders include imposing environmental damage compensation, forming investigation committees, and directing govt bodies to take action.
Time of India
13-06-2025
- Politics
- Time of India
Ulhasnagar civic body asks state to direct PWD to raze illegal ghat on Ulhas River
ULHASNAGAR: After the State Irrigation Department declared the ghat being built on the Ulhas River from BJP MLA Kumar Ailani's funds illegal and ordered the Ulhasnagar Municipal Corporation (UMC) to demolish it, the Municipal Corporation has now stated that the PWD should carry out the demolition because the ghat was constructed by the state PWD department. In such a situation, the irrigation department can direct the state PWD to take action. After declaring this ghat built from MLA funds illegal, Shiv Sena (UBT) leaders accused the BJP MLA of misusing the funds for illegal construction and demanded an investigation into the entire matter as to how illegal construction took place on the Ulhas River. Sarita Khanchandani, who exposed the entire incident, alleges that hundreds of trees located on the river bank were cut, and cement construction was done illegally inside the river bed. A big wall was also built to divert the flow of the river, which could cause a flood situation in the surrounding villages during heavy rains. On the complaint of Khanchandani, the irrigation department recently declared this construction illegal and directed the local UMC to take demolition action on it. However, while talking to TOI, UMC Commissioner Manisha Awhale said that the construction being declared illegal was done through the state PWD, so they will write a letter to the irrigation department and tell them to ask the state PWD department to take action. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like I Asked ChatGPT What Humanity Will Achieve In The Next 30 Years — Here's What It Said Liseer Undo Sources said that more than Rs 3 crore was spent out of the Rs 7 crore project cost. Earlier, while talking to TOI, MLA Kumar Ailani declared this Antilia Ghat being built in the Ulhas River as legal and said that he planted 200 trees in place of the cut trees. Seeing the matter getting serious, UBT's Ulhasnagar Deputy City Chief Dilip Mishra accused the local BJP MLA Kumar Ailani of misusing public money and carrying out illegal construction. He demanded the state govt set up a committee to investigate the entire matter and take action against the guilty officers who allowed the misuse of funds for illegal construction without permission. The Ulhas River, a vital water source for around 50 lakh people living in the MMR region, including Ulhasnagar, Kalyan-Dombivli, Ambernath, and Badlapur cities, always remains in the headlines for pollution-related complaints from citizens. Earlier, the National Green Tribunal (NGT) issued orders to different authorities to address the pollution of the Ulhas River. These orders include imposing environmental damage compensation, forming investigation committees, and directing govt bodies to take action. Follow more information on Air India plane crash in Ahmedabad here . Get real-time live updates on rescue operations and check full list of passengers onboard AI 171 .
Business Wire
10-06-2025
- Business
- Business Wire
Faraday Unveils FlashKit™-22RRAM: An eNVM-Based SoC Development Platform for IoT
HSINCHU, Taiwan--(BUSINESS WIRE)--Faraday Technology Corporation (TWSE: 3035), a leading ASIC design service and IP provider, today introduced its latest FlashKit™ development platform, FlashKit™-22RRAM, designed to accelerate high-performance IoT and MCU applications. Built on UMC's 22ULP process, FlashKit™-22RRAM combines embedded Resistive RAM (RRAM, ReRAM) technology with a rich IP ecosystem and development-ready support, providing a cost-effective and power-efficient SoC solution for edge devices. Accelerate IoT and MCU SoC design and launch faster with FlashKit™-22RRAM The FlashKit™-22RRAM platform integrates a full-featured RRAM subsystem with DWORD access, delivering comparable performance with SST eFlash. This solution minimizes extra-mask requirements, making it highly suitable for consumer-grade eNVM applications, such as AIoT, smart home, wearables, and portable devices. It is silicon proven and fully prepared to support customers' fast ramp-up to volume production on UMC's 22ULP node. FlashKit™-22RRAM supports embedded CPU options including ARM Cortex-M7 and VeeR EH1 RISC-V, and integrates a comprehensive set of integrated IPs such as USB 3.0 Type-C, GMAC, and PLL. A built-in RRAM controller with built-in self-test (BIST) ensures streamlined data access and high production reliability. In additional, embedded FPGA (eFPGA) block is included for enhanced design flexibility and enabling post-silicon logic change, ECO, or GPIO re-assignment. 'FlashKit™-22RRAM demonstrates Faraday's continued commitment to delivering optimized platforms that reduce development effort and accelerate time-to-market,' said Flash Lin, COO of Faraday Technology. 'Our customers now have a highly integrated and cost-efficient path to bring differentiated eNVM-based products to market quickly, with the flexibility to scale for future needs.' About Faraday Technology Corporation Faraday Technology Corporation (TWSE: 3035) is dedicated to the mission of benefiting humanity and upholding sustainable values in every IC it handles. The company offers a comprehensive range of ASIC solutions, including 2.5D/3D Advanced packaging, Arm Cortex-A, R, M, A720AE, Neoverse CSS integration and hardening, FPGA-Go-ASIC, and design implementation services. Furthermore, its extensive silicon IP portfolio encompasses a wide array of offerings, such as I/O, Cell Library, Memory Compiler, DDR/LPDDR, MIPI D-PHY, V-by-One, USB, Giga Ethernet, SATA, PCIe, and SerDes. For further information, visit or follow Faraday on LinkedIn.
