Stocks rose for a third day. Chi Mei Optoelectronics Corp (
Taiwan Semiconductor Manu-facturing Co (TSMC,
The TAIEX rose 7.74, or 0.1 percent, to 5,945.20. Futures due in November added 0.6 percent to 5,943. About five stocks declined for every four that gained.
"Flat panel makers have showed resilience despite falling product prices," said Mike Shiao (
``The latest sales figures are better-than-expected,'' he said.
AU Optronics, the world's third-largest maker of flat-panel displays used in computers and televisions, gained 2.8 percent to NT$37. Last month's sales rose to NT$12.8 billion (US$288.8 million). Rival Chi Mei Optoelectronics climbed 4.6 percent to NT$36.40. Sales last month rose to NT$8.5 billion.
Quanta Computer, the world's biggest notebook computer maker, fell 0.9 percent to NT$57.50. TSMC, the world's largest supplier of made-to-order computer chips, lost 0.2 percent to NT$47.80.
Elsewhere, Asustek Computer Inc (華碩電腦), the nation's largest maker of boards that connect the chips in personal computers, fell 0.7 percent to NT$77.
The stock was downgraded to "sell/low risk" from "buy" at Citigroup Inc on concern worldwide computer sales growth will be cut by half to 7 percent next year.