Apple suppliers' shares drop after Chinese state media criticise iPhone maker

Byd Electronic (International)

09/10/2019 03:05

** Shares in Apple Inc's  AAPL.O  suppliers in the Greater
China region drop after state media criticized the iPhone maker
after Hong Kong protesters used its app during demonstrations 
    ** The People's Daily, the official newspaper of the ruling
Chinese Communist Party, lashed out on Tuesday at Apple Inc for
allowing an app on its app store that tracks the movement of
police around Hong Kong and is used by protesters in ongoing and
sometimes violent demonstrations  urn:newsml:reuters.com:*:nL2N26T1L9
    ** Leading the drop, Luxshare Precision  002475.SZ  slumps
as much as 6.9%
    ** On the mainland, O-Film Tech  002456.SZ , Avary Holding
 002938.SZ , Foxconn Industrial Internet  601138.SS  and Goertek
Inc  002241.SZ  drop between 2.6% and 4.3%
    ** In Hong Kong, acoustic component maker AAC Technologies
 2018.HK , Sunny Optical Technology  2382.HK  and BYD Electronic
International  0285.HK  decline by 1.2%-1.8%
    ** In Taiwan, Hon Hai Precision Industry  2317.TW , Taiwan
Semiconductor Manufacturing  2330.TW  and Pegatron Corp
 4938.TW  slip between 0.5% and 0.7%

 ((luoyan.liu@thomsonreuters.com; Reuters Messaging:
luoyan.liu.thomsonreuters.com@reuters.net))