Stocks fell for a sixth day yesterday. Taiwan Semiconductor Manufacturing Co (TSMC,
"What the Motorola news means is that the decline of global technology shares hasn't yet ended," said Jim Chang (
The TAIEX shed 13.04, or 0.2 percent, to 5,489.10 having fallen 5 percent in six days. Futures for July delivery rose 0.1 percent to 5,511.
TSMC, the world's largest supplier of made- to-order chips, fell 0.7 percent to NT$42.20. It fell 7.6 percent last week.
Formosa Petrochemical Corp (台塑石化), the nation's largest private oil refiner, gained after rival LG-Caltex Oil Corp, South Korea's second-largest refiner, said it has lost about 22 billion won (US$19 million) in sales because striking workers took over a plant in Korea.
Formosa Petrochemical rose 2.9 percent to NT$52.50.
Chi Mei Optoelectronics Corp.
But Quanta Display Inc (