Apple's suppliers in Greater China climb tracking iPhone maker's strong rebound

Catcher Technology Co

11/02/2019 03:24

** Shares in Apple Inc's suppliers in Greater China rally,
tracking a robust rebound in the iPhone maker 
    ** As of previous close, shares in Apple Inc  AAPL.O  had
rebounded nearly 20 pct from a near 22-month low hit on Jan. 3,
as the company reported sharp growth in its services business
 urn:newsml:reuters.com:*:nL1N1ZT1WM  
    ** Apple said revenue from services, which investors are
counting on to fuel growth, reached $10.8 billion, in line with
Wall Street estimates. Services gross margin hit 63 percent, up
from 58.3 percent a year ago
    ** In Hong Kong, acoustic component maker AAC Technologies
 2018.HK , Sunny Optical Technology  2382.HK  and BYD Electronic
International  0285.HK  rise 2.5-6.4 pct 
    ** On the Chinese mainland, electronic components maker Lens
Technology  300433.SZ  leads with a max 10 pct gain, while
Suzhou Dongshan Precision Manufacturing  002384.SZ , Shenzhen
Sunway Communication  300136.SZ , provider of internet solutions
Luxshare Precision  002475.SZ , optical firm O-Film Tech
 002456.SZ  advance 3.1-9.3 pct 
    ** Integrated touch display provider General Interface
Solution  6456.TW , casing maker Catcher Technology  2474.TW 
and lens set maker Largan Precision  3008.TW  up 1.9-3.7 pct 
    ** Apple very briefly retook its title as the most valuable
publicly listed U.S. company on Feb. 5  urn:newsml:reuters.com:*:nL1N1ZZ18Q 

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