Taiwan stocks fell 0.6 percent in cautious trade on Monday amid lingering concern about the eurozone debt crisis, with smartphone maker HTC sharply lower ahead of a US ruling on its patent war with Apple. The main TAIEX index closed down 42.6 points at 7,098.08, as the electronics sub-index was down 0.75 percent and banking 0.82 percent lower.
HTC plunged by the 7-percent daily. The ITC is set to make a ruling this week on Apple's lawsuit against HTC over patent infringement. HTC shares had plunged recently after the company warned it would see no revenue growth this quarter, a sharp slowdown after growth more than doubled in the first half, and a further sign that bigger rivals Apple and Samsung are pulling away.