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Apple suppliers rally on signs of strong demand for iPhone X

Delivery times for the marquee smartphone are stretching to as long as six weeks in the US

Published Mon, Oct 30, 2017 · 09:50 PM
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Taipei

APPLE Inc's biggest suppliers from Taiwan Semiconductor Manufacturing Co (TSMC) to Hon Hai Precision Industry Co climbed on Monday after delivery times for the iPhone X stretched to as much as six weeks in the US, underscoring demand for the marquee smartphone.

Shares in Hon Hai, the main assembler of Apple devices, climbed as much as 3.6 per cent in Taipei. TSMC, the US company's biggest chip supplier, rose as much as 2.5 per cent to a record.

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