taiwan bourse investigates htc share surge
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Taiwan bourse investigates HTC share surge

Arab Today, arab today

Arab Today, arab today Taiwan bourse investigates HTC share surge

Taipei - AFP

Taiwan Stock Exchange said Tuesday it was investigating a sudden surge in the share price of leading smartphone maker HTC before it had announced a patent settlement with US technology giant Apple. HTC's shares temporarily soared up to their daily 7.0 percent limit on Friday prior to the announcement of the global patent settlement with the iPhone maker, triggering speculation that the news might had been leaked. An official at the Taipei bourse confirmed it has started looking into several cases of suspected unusual share surges, including the rise in HTC's shares, and will contact the financial regulator if irregularities are found. HTC was not immediately available for comment. On Monday, HTC shares ended limit-up 7.0 percent at Tw$241.5 ($8.33) although it fell 6.83 percent to Tw$225.0 on Tuesday. Sunday's 10-year licensing agreement comes at an important time for HTC as it is hit by competition from Apple and South Korea's Samsung. The world's leading technology firms have routinely pounded each other with patent lawsuits. Apple had accused HTC and other smartphone makers that use Google's Android mobile operating system of infringing its patents. HTC last month said net profit in the July-September quarter tumbled 79.1 percent from a year earlier to Tw$3.9 billion, while revenues were down 48 percent to Tw$70.2 billion year-on-year.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

taiwan bourse investigates htc share surge taiwan bourse investigates htc share surge

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

taiwan bourse investigates htc share surge taiwan bourse investigates htc share surge

 



GMT 16:52 2017 Tuesday ,21 February

Iraqi troops push into Daesh-held southern

GMT 10:50 2017 Tuesday ,05 December

Technip lands Bahrain refinery mega contract

GMT 08:12 2017 Monday ,10 April

Minister receives School Mini Olympics winners

GMT 13:15 2017 Thursday ,31 August

Al-Basher Arrives in the Holy Land

GMT 18:19 2017 Tuesday ,17 October

Producers' group moves to expel Weinstein

GMT 13:00 2015 Sunday ,18 October

DEWA participates in 11th Women’s Forum in France

GMT 15:48 2017 Wednesday ,22 February

GOIC Encourages Paper Industry in GCC States

GMT 02:41 2016 Tuesday ,08 November

US, Turkey COS held talks on Syria, Iraq

GMT 23:18 2017 Wednesday ,22 November

HRH Premier lauds Bahrain's ability to host major events
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday