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Taipei, Jan. 10 (CNA) Shares in Taiwan recouped earlier losses and closed higher Monday after contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC) staged a technical rebound amid optimism surrounding its fundamentals.
Taipei, Jan. 7 (CNA) Shares in Taiwan moved sharply lower to close below the 18,200 point mark Friday as the bellwether electronics sector faced further selling with investors locking in gains built earlier in the week.
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United Microelectronics Corp (UMC, 聯電) and Micron Technology Inc yesterday said they have settled a civil lawsuit in which the US memorychip maker accused the Taiwanese company of stealing and leaking its intellectual property to a Chinese partner. UMC is to make a one-time payment of an undisclosed amount to settle all competing claims between the companies globally, a joint statement said. UMC said that it did not expect the payment to have any significant impact on its financial status. The move ends a high-profile chapter in tensions between the US and China, with the international cas...
Taipei, Nov. 24 (CNA) Shares in Taiwan closed slightly lower Wednesday as the bellwether electronics sector experienced some selling off, sparked by volatility among tech stocks on the United States markets overnight, dealers said.