The low turnover premium found in U.S. equity markets is also found in Taiwan market, unlike the mixed evidence for other stylized effects such as size, book-to-market ratio and momentum. Consistent with investor overconfidence hypothesis proposed by Odean (1998, 1999), the percentage of foreign...

In-line defect inspection is employed to monitor tool health via sampling an in-line processing lot every fixed period, and avoid suffering large quality loss when the production tools are abnormal. However, defect inspection is a time-consuming process including lot movement, defect scan, and...