Transcend Information (TPE:2451) was fined NT$1.6 million by Taiwan's International Trade Administration for violating the country's Trade Act, according to Tuesday filing with the Taiwan Exchange.
The memory and storage products maker said it paid the fine within the prescribed period and had implemented corrective measures.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.