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ELECTRONICS <strong>Wistron to buy KOE shares</strong> Contract electronics manufacturer Wistron Corp (緯創) yesterday signed a share purchase agreement with JDI Taiwan Inc (台灣晶端顯示) to acquire all the common shares of Kaohsiung Opto-Electronics Inc (KOE, 高雄晶傑達光電科技), a subsidiary of JDI Taiwan, for ￥8.58 billion (US$77.16 million). Wistron made the announcement in a regulatory filing on behalf of its subsidiary Wise Cap Ltd (鼎創), whose board of directors on July 8 approved the acquisition to reinforce its partnership with Tokyo-based Japan Displ...

Taipei, Aug. 17 (CNA) Shares in Taiwan moved lower Wednesday as the bellwether electronics sector came under pressure after tech stocks on U.S. markets lost ground overnight, dealers said.

Taipei, June 9 (CNA) Shares in Taiwan moved lower and closed below its nearest level of technical support at 17,000 points Wednesday, as investors remained concerned over an ongoing surge in COVID-19 cases, dealers said.

Taiwan shares rise 1.62%, led by large cap stocks 05/28/2021 05:25 PM CNA file photo Taipei, May 28 (CNA) Shares in Taiwan moved sharply higher to close above 16,800-point mark Friday as large cap stocks across the board regained their footing in a strong technical rebound after showing weakness a session earlier, dealers said. A 0.58 percent gain in the Philadelphia Semiconductor Index overnight helped the bellwether electronics sector, and interest was also strong in raw material stocks, especially the steel sector, on hopes that strong demand will push profits higher, they said. The Taiex,...

Chipmakers tighten virus measures READY: TSMC introduced a rotational work schedule when the alert level was raised, so it said operations would not be affected by one of its staff testing positive for COVID-19 Staff writer, with CNA Semiconductor suppliers are on alert over an escalation in domestically transmitted COVID-19 cases in Taiwan, to ensure that there is no interruption to their production, especially amid a global chip shortage. As the companies’ production is predicted to remain unscathed due to tightened disease prevention measures, ...