Shares in Taiwan underwent a moderate price correction Monday, dealers said, with the main weighted index closing marginally higher.

The production value of Taiwan's auto industry is expected to rebound in the second quarter, driven by the launch of new models and more promotional campaigns, according to a local research center.

Local and foreign heavyweights from the information and communications technology (ICT) industry are expected to give lectures at the annual Computex Taipei, Asia's largest computer trade show, according to the organizers.

Taiwan's HTC Corp. yesterday launched a new version of its flagship HTC One smartphone specifically for the Japanese market, in cooperation with a major mobile telecommunications carrier there.

Fubon Financial (富邦金控) yesterday announced its first-quarter results, with assets experiencing year-on-year growth of 10.4 percent.

The value of the displays produced by Taiwan's flat panel sector is expected to grow in the second quarter because of the growing popularity of smartphones, a government report said yesterday.

Amid a government review of the stock gains tax, the New Taiwan dollar yesterday rose for the first time in four days, closing up 0.1 percent at NT$30.03 versus the greenback.

CPC Corp., Taiwan has raised domestic diesel prices by a token of NT$0.10 per liter for one week beginning from midnight today but made no adjustments for gasoline prices.

Taiwanese smartphone maker HTC Corp. is set to launch a new smartphone in Japan to build on the success of its large-screen J Butterfly phone there, a source familiar with the company said yesterday.

The global tablet computer market will continue to witness a price war this year as more brand companies jump onto the affordable tablet bandwagon, according to a local research company.