Markets

Taiwan stocks open up; HTC down for third session

Published Updated

The main TAIEX index opened at 6,844.3 and was last up 93 points at 6,877.39.

HTC was down 1 percent. It has fallen for three sessions after a surprise cut in its fourth quarter revenue outlook , and took another blow on Friday when a German patent firm said it would move to block HTC sales in Germany .

The Taiwan dollar was up by T$0.03 to trade at T$30.433.

Copyright Reuters, 2011