Taiwan stocks lower

Taiwan stocks ended down 1.21 percent on Wednesday, joining a decline in regional bourses as caution set in over the chances of more progress in resolving the eurozone debt crisis, with defensive sectors such as department stores and glass and ceramics among the biggest losers.
The main TAIEX index finished down 84.53 points at 6,904.12. Smartphone maker HTC Corp shed 3.44 percent even though a US commission said it did not infringe upon patented technology owned by FlashPoint Technology. World's No 4 PC vendor Acer Inc edged up 0.3 percent. The company said earlier on Wednesday that it maintained its guidance for a break-even to a loss for the fourth quarter and a loss for the full year. The financials sub-index dropped 2.24 percent.