Taipei, July 1 (CNA) Shares in Taiwan moved sharply lower, falling by more than 480 points Friday as investors took cues from a plunge by tech stocks on the United States markets overnight in the wake of the latest unfavorable data pointing to high inflationary pressure, dealers said.
Taipei, June 28 (CNA) Shares in Taiwan closed lower Tuesday as overnight losses in the U.S. prompted local investors to lock in profits gained during a rally in the previous day's session.
Far EasTone Telecommunications Co (遠傳電信) yesterday said it has no intention to engage in a price war after Taiwan Star Telecom Corp (台灣之星) recently offered deep discounts to attract 5G subscribers.
Taiwan Star last month rolled out a NT$599 (US$20.16) per month plan for unlimited 5G data services, saying that the package was a 42 percent discount compared with the NT$1,399 other telecoms charge for a similar service.
“When competition heats up, people will come up with various approaches to cope. At the end of the day, they have to calculate if offering lower prices will enable them to keep turning a
Taipei, June 13 (CNA) Shares in Taiwan came under heavy pressure Monday after a higher-than-expected rise in the United States' consumer price index (CPI) in May sent U.S. markets plunging at the end of last week, dealers said.
The average fixed-location download speed of Taiwan’s 4G systems last year was 122.53 megabits per second (Mbps), up 2.96 percent from 119Mbps in 2020, National Communications Commission (NCC) data showed.
However, the average upload speed was 24.92Mbps, down 4.59 percent from 26.12Mbps in 2020 due to surge in remote work and remote learning amid the COVID-19 pandemic, in addition to self-publishing on social media, the NCC said, citing a survey it released on Wednesday last week.
Download speeds ranged from 106.38Mbps to 147.69Mpbs, while upload speeds ranged from 20.75Mbps to 29.54Mpbs across Taiwan, it said, adding that Kinmen, Miaoli and Penghu counties