ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Stocks

Shares of Taiwan's Lumax nosedive after massive power outage

Initial investigation blames utility system company, sends stocks to year low

 (placeholder image)
People walk on a street during a massive power outage in Taipei, on August 15.   © Reuters

HONG KONG -- Shares in Lumax International dropped on Wednesday amid fears the Taiwanese maker of control systems for power plants and factories could come under fire after a massive blackout hit the island nation on Tuesday evening.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more