HomeNewsWorldApple-related shares fall after launches fail to impress

Apple-related shares fall after launches fail to impress

Taiwan-listed Hon Hai Precision Industry Co., which goes by the trade name Foxconn and is an assembler of the iPhones and iPads, slipped 0.82 percent to TUSD 84.80 at the open.

September 10, 2015 / 10:55 IST
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A near 2 percent tumble in Apple shares following the new product launches overnight, reverberated across related tech shares in Asia early Thursday.

Taiwan-listed Hon Hai Precision Industry Co., which goes by the trade name Foxconn and is an assembler of the iPhones and iPads, slipped 0.82 percent to TUSD 84.80 at the open.

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Other major suppliers such as Pegatron and Catcher Technology eased 1.3 and 0.9 percent respectively, while integrated circuit packaging and testing services provider Advanced Semiconductor Engineering fell nearly 1 percent.

In Japan, Apple-linked plays were similarly pressured by the declines overnight. Alps Electric, a Japanese electronics supplier for carmakers and the iPhone maker, was the biggest loser with a fall of 5.1 percent at 3,530.0 yen.