Hon Hai Precision Leads Apple-Linked Shares Higher: Taipei Mover
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Hon Hai Precision Industry Co. led Apple Inc. suppliers higher in Taipei trading after the Cupertino, California-based maker of the iPhone and iPad reported record earnings last week.
Hon Hai, an Apple product assembler, climbed by the 7 percent daily limit to NT$93.80 as of the close, the biggest advance since May 2009. Catcher Technology Co., a maker of iPhone cases, rose 6.9 percent to NT$179, the highest close since Oct. 28. Largan Precision Co., a lens maker, jumped 6.6 percent to NT$628, the highest since Nov. 9.