IBD 50 Chip Stock Downgraded On Valuation, Steep Expectations

Pelayo downgraded Taiwan Semi on valuation, seeing limited upside at its current valuation. 1:54 PM ET As streaming music leader Spotify prepares for an IPO, Apple's rival service, Apple Music, is ramping up the competitive pressure. 1:54 PM ET As ... ( read original story ...)

FSC imposes nearly NT$100 million in fines on financial firms

Taipei, June 23 (CNA) The Financial Supervisory Commission (FSC), the top financial regulator in Taiwan, said Friday that it has imposed almost NT$100 million (US$3.29 million) in fines on financial firms so far this year for irregularities in their ... ( read original story ...)

Chunghwa Telecom : holds 2017 Annual General Meeting

Taipei, Taiwan, R.O.C. June 23, 2017 - Chunghwa Telecom Co., Ltd. ('CHT', TAIEX: 2412, NYSE: CHT) today held its annual general meeting. The meeting was hosted by Chairman Yu Cheng. Shareholders in attendance represented 5,864,805,955 shares, or 75.60% of ... ( read original story ...)

Taiwan market: Oppo launches R11 in local market

China-based smartphone vendor Oppo has launched its new smartphone, the Oppo R11, in the Taiwan market, priced at NT$15,990 (US$525) unlocked. The Oppo R11 comes with a 5.5-inch 1080p AMOLED display and a Qualcomm Snapdragon 660 processor incorporated with ... ( read original story ...)

Foxconn to invest $10 billion in the U.S.

Taipei, June 22 (CNA) Foxconn Technology Group plans to move its fully automated manufacturing supply chain to the United States, the company founder said on Thursday. Foxconn is considering investing about US$10 billion in six states mostly around the ... ( read original story ...)