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HonTaiwan stocks dipped 0.16percent on Tuesday, but Hon Hai Precision gained after
it said it would take over a Mexican manufacturing plant fromCisco Systems . Hon Hai ended up 0.68 percent amid expectations the purchaseof the plant, which makes set top boxes, would guarantee ordersin the first year and bring in solid margins. "It is not clear about the operation's scale, but set-up bmakers usually get a gross margin of over 10 percent and that isnot bad in the tech industry," said Bevan Yeh, a fund manager atPrudential Financial in Taiwan. The main TAIEX index closed 14 points lower at.


8,524.57. Glass and cement shares were among thetop losing sectors, both down over 1 percent.The broader market is expected to consolidate at the current
level in the near future, reflecting lingering concerns over theslowing global economy and euro zone debt problems, Yeh said. Foreign investors were net sellers on Monday, bringing their
total selling to T$43.68 billion this month.

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