ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Apple supplier stocks surge in Asia

Strong quarterly iPhone sales lift investor sentiment

TOKYO -- Asian investors are snapping up shares of Apple suppliers on Wednesday, following the U.S. gadget maker's announcement of stronger-than-expected quarterly earnings overnight.

Nitto Denko, a maker of polarizing plates used in smartphone display panels, was up just over 5% in morning trade, at 8,650 yen in Tokyo. Alps Electric, which makes image stabilizers for smartphone cameras, was up 5.7% at one point to 2,609 yen.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more