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Asian tech shares boosted by Apple's robust profits
(MENAFN) Asian tech shares crowded on Wednesday on the back of Apple's robust profits, with hopes the iPhone maker's fortunes will help improve sales of the region's hardware component providers ahead of the new iPhone launch.
On Tuesday, Apple Inc delivered surprisingly strong financial third-quarter profits and signaled that its upcoming 10th anniversary iPhone lineup is on schedule, the news drove its stock up 6 percent to a record high in after-hours trading.
In Taiwan, camera lens-maker Largan Precision increased to an all-time high of T$5,810.00 and was last up 4.8 percent at T$5,765.00.
On Tuesday, Apple Inc delivered surprisingly strong financial third-quarter profits and signaled that its upcoming 10th anniversary iPhone lineup is on schedule, the news drove its stock up 6 percent to a record high in after-hours trading.
In Taiwan, camera lens-maker Largan Precision increased to an all-time high of T$5,810.00 and was last up 4.8 percent at T$5,765.00.
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