Largan Leads Apple-Related Stocks Higher in Taiwan on IPhone Order Numbers
Largan Precision Co. led gains among Apple Inc (AAPL).-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. (2384), 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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