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Largan Leads Apple-Related Stocks Higher on IPhone Sales

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Oct. 11 (Bloomberg) -- Largan Precision Co. led gains among Apple Inc.-related stocks after the U.S. company received more than a million preorders for the iPhone 4S in a single day, putting it on a record-setting sales pace ahead of the device’s Oct. 14 release.

Largan, which supplies camera lens, gained 6.2 percent to NT$631 as of 10:07 a.m. in Taipei. Catcher Technology Co., a casing maker of iPhones, gained 4.1 percent to NT$178. Wintek Corp., a component maker for Apple products, increased 2.3 percent to NT$24.05. Hon Hai Precision Industry Co., which assembles iPhones, advanced 2.7 percent to NT$72.90.

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To contact the reporter on this story: Weiyi Lim in Singapore at wlim26@bloomberg.net

To contact the editor responsible for this story: Shiyin Chen at schen37@bloomberg.net