Following are news items and media reports that may affect the Taiwan stock market.

MEDIA REPORTS

Reuters has not verified these reports and does not vouch for their accuracy.

For newspaper summaries in Chinese click on [PRESS-TW-CMN]

-- Top contract chipmaker TSMC (2330.TW) bought land in Taiwan's science park from Powerchip Semiconductor Corp 5346.TW for T$2.9 billion ($960 million). TSMC would use the land to build two chip plants, which will lift its monthly production capacity to above 250,000 units. (Commercial Times)

-- Taiwan's Legislative Yuan demanded that the interior ministry review regulations on Chinese and foreign money buying property in Taiwan, in order to prevent speculation from pushing up housing prices. (Commercial Times)

-- The chairman of China Unicom 0762.TW was scheduled to meet with Taiwan's Chunghwa Telecom (2412.TW), Far EasTone (4904.TW) and Taiwan Mobile (3045.TW) after arriving Taiwan on Wednesday to discuss cooperation plans. (Commercial Times)

-- New Kinpo Group, which owns Kinpo Electronics (2312.TW), Cal-Comp Electronics and Communications (9105.TW) and AcBel Polytech (6282.TW) is targetting consolidated profit above T$200 billion this year, a 20 percent rise from last year. (Economic Daily)

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