Industry

Taiwan Stock Market Sees Gains as Shares Climb 0.98%

Taipei: Taiwan shares closed higher on Tuesday, registering an increase of 220.97 points or 0.98 percent to settle at 22,835.94. The stock market saw a turnover of NT$309.79 billion, equivalent to US$10.566 billion.

According to Focus Taiwan, this r…

Formosa Plastics Shares Rebound to Prior Ex-Dividend Level

Taipei: Shares of Formosa Plastics Corp., the flagship entity of the petrochemical conglomerate Formosa Plastics Group, returned to their prior ex-dividend level soon after the market opened Tuesday, the stock’s ex-dividend date. At 12:49 p.m., Formos…

Innolux Confirms Plan to Close Factory in Southern Taiwan

Tainan: Innolux Corp., a leading flat panel manufacturer in Taiwan, has announced plans to close a factory in the Southern Taiwan Science Park. This decision is part of a strategic move to decrease its focus on flat screen production within its overal…