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Samsung Elec reaps record profit

Samsung Electronics Co Ltd, Asia's most valuable electronics company, said yesterday its quarterly profit almost trebled to a record on roaring demand for chips, handsets and flat screens, and forecast a solid second quarter.


Taiwan shares end sharply lower Thursday

Taiwan shares snapped a three-session winning streak Thursday, closing sharply lower on profit-taking after a strong rise a day earlier, analysts said.


Taiwan shares end six-session winning streak

Taiwan's shares ended lower Tuesday, snapping a six-session winning streak, as investors pocketed gains from the recent rally, analysts said.


Taiwan stocks close Tuesday at lowest level in three weeks

Taiwan shares extended Monday's 2.4 percent decline to end at their lowest level in three weeks Tuesday, as investors became more cautious ahead of Saturday's presidential election.


Taiwan shares go downhill Tuesday before holiday

Taiwan shares ended slightly lower for a second session Tuesday, in a retreat ahead of the Chinese New Year and due to concerns local currency gains might hurt exporters, dealers said.


Grandad’s cognac



Foreign news in brief


News in brief


Losses at debt-laden Hynix widen

B>SEOUL: /B>Hynix Semiconductor Inc reported yesterday a wider loss for its second quarter, hit by a slump in the price of its bread-and-butter memory chips used in computers, and repeated its commitment to shed non-core assets.


Toshiba, Elpida to make super-fast memory chips

Electronics manufacturer Toshiba and chip maker Elpida Memory plan to a produce memory chip for digital home appliances that they say will be eight times quicker than today's fastest chips.