Powerchip shares skyrocketed to touch NT$84 soon after the market opened in the morning, from the subscription price of NT$26 per share. The logo of Powerchip Semiconductor Manufacturing Corp is pictured outside the company’s headquarters at the Hsinchu Science Park on Feb. 25 last year. Photo: Hung Yu-fang, Taipei TimesAbout 1.3 billion Powerchip shares changed hands, making it the most heavily traded stock on the board. In the first 10 months of this year, revenue surged about 84 percent year-on-year to NT$37.79 billion from NT$20.56 billion. Yesterday’s debut marked a comeback for Powerchip, which was delisted from the Taipei Exchange in 2012 due to deep debts.

Source: Taipei Times December 09, 2020 15:56 UTC