TAIPEI, July 29 (Reuters) – Taiwan stocks rose 0.18 percent
on Thursday with smartphone maker (2498.TW) rising by its maximum
daily limit after comments from Sprint (S.N) on strong demand for
one of HTC’s phones.
The main TAIEX share index .TWII ended up 14.18 points at
7,798.99, lifted by a 7 percent jump in HTC.
U.S.-based Sprint Nextel (S.N) said on Wednesday it lost
fewer valuable contact customers in the second quarter than
analysts expected, helped by its most advanced smartphone, the
EVO from HTC. [ID:nN28190638]
Heavyweight TSMC (2330.TW) reported a record quarterly profit
after the close of the market [ID:nTPV001793].