Merry Electronics Co. surged the most in 15 months in Taipei trading after Economic Daily News reported it may get orders from Apple Inc. (AAPL), without saying where it got the information.
The stock jumped 6 percent to NT$47.70 as of 10:10 a.m., set for the biggest advance since Jan. 12, 2010. Tseng Chin- tang, Merry spokesman, wasn’t immediately available to comment at his office. Economic Daily News didn’t give details on the possible Apple order.
To contact the reporter on this story: Weiyi Lim in Singapore at firstname.lastname@example.org
To contact the editor responsible for this story: Reinie Booysen at email@example.com