《TAIPEI TIMES》 Han Kuang drills start, greater Taipei to halt transport - 焦點 ltn.com.tw - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ltn.com.tw Daily Mail and Mail on Sunday newspapers.
Taiwan-based CMOS imagery sensor (CIS) packaging giant Tong Hsing Electronics, an affiliate of the Yageo Group, has been working actively to make adjustments to its shareholding in its joint venture XSemi with Foxconn Electronics (Hon Hai Technology Group) to maximize the resources invested, said president of Tong Hsing and XSemi CS Chang during a recent company investor conference.
Tong Hsing Electronic Industries has revised its automotive CIS business outlook from highly optimistic to just positive, according to the packaging house.
EQUITIES
<strong>TAIEX flat due to US markets</strong>
Shares in Taiwan closed nearly flat yesterday, after moving into consolidation mode, as investor sentiment was dictated by a lackluster performance on Wall Street after a hawkish statement given by US Federal Reserve Chairman Jerome Powell, dealers said. Lingering concerns over Russia’s war with Ukraine also weighed on the main board, with the bellwether electronics sector led by large-cap semiconductor stocks taking the brunt of the pressure, they said. The TAIEX closed down 0.65 points at 17,559.71, after moving between 17,468.55 and 17,573.29. Turnover totaled NT$235.455 billion (US$8.25 billion), with foreign institutional investors