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Taiwan stocks slipped 0.27 percent on Tuesday, but Motorola suppliers rallied following Google Inc's bid to acquire Motorola Mobility Holdings Inc. The main TAIEX index ended down 20.8 points at 7,798.59, weighed down by lingering concern over a global economic slowdown.
Among the top losing sectors, the automobile sub-index fell 1.65 percent, while the department stores sub-index shed 0.56 percent. HTC Corp closed flat after rising about 3 percent during the session. The world's No 5 smartphone maker said the proposed bid would not affect its partnership with Google. Compal Communications Inc and other handset makers for Motorola shot up by the daily 7 percent limit on investor hopes of increasing business after the bid. Advanced Semiconductor Engineering Inc, the world's top chip packing and testing firm, climbed 0.73 percent after announcing a share buyback plan.

Copyright Reuters, 2011

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