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Hon Hai Records Unprecedented Q1 Net Profit Surge

Taipei: Taiwan-based manufacturing giant Hon Hai Precision Industry Co. on Thursday reported its highest-ever net profit for the first quarter, up almost 20 percent from a year earlier, with analysts attributing the growth to a

Taiwan Shares Surge by 3.23% to Close at 38,932.40

Taipei: Taiwan shares ended up 1,218.25 points, or 3.23 percent, at 38,932.40 Friday on turnover of NT$1.03 trillion (US$32.53 billion).

According to Focus Taiwan, the significant increase in Taiwan’s stock market reflects a strong