Taiwan stocks fell 1.8 percent to their lowest closing level in almost three months on Friday, joining other regional bourses in declines on concerns over corporate earnings, and pressured by sharp drops in smartphone firm HTC and PC maker Acer Inc. The main TAIEX index ended down 128.02 points at 7,134.06, a level not seen since late July.
HTC dropped 4.8 percent ahead of its fourth-quarter outlook due later in the day, dragging electronics shares 1.2 percent lower. Acer was 7 percent limit down. The company said that its PC shipments in the fourth quarter will be between 5 percent less and 5 percent more than those in the third quarter. AU Optronics, the world's No 4 flat panel maker, plunged 6.8 percent. It expected its outlook to gradually improve after a T$16.5 billion net loss in the September quarter.
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