TAIPEI, Taiwan — The latest series of iPhone has been considered a disappointment that led to shares of Taiwanese suppliers to Apple Inc. generally moved lower on September 10. As iPhone 6S and iPhone 6S Plus failed to amaze investors, which raised concerns over shipments of the new devices, while some components suppliers hope to benefit from the new “3D Touch” technology.
Kerry Huang, Analyst of Concord Securities Co. stated that Apple has posted great revenues from the sales of previous iPhone models last year. Many investors have feared that the new iPhones will not be able to achieve such strong sales as their predecessors.
Consequently, shares of smartphone camera lens supplier Largan Precision Co. fell 2.83 percent to close at NT$2,750.00, metal casing maker Catcher Technology Co. shares lost 1.63 percent to close at NT$332.00 and Hon Hai Precision Industry Co., an assembler of iPhones and iPads, lost 1.05 percent to close at NT$84.60.
On the contrary, touch panel maker TPK Holding Co. saw its shares rise in the morning session due to the company being a major supplier of Apple’s “3D Touch” or “Force Touch” technology, which allows users to interact more intuitively with their devices via a pressure-sensitive screen that mimics the feel and tactile responses of physical buttons.
Investors had hoped the Taiwanese firm would benefit from an increase of orders from Apple, judging from the Taiwanese suppliers shares’ performance of its release day, it’s nothing but a disoppointment.
Last but not least, Apple had hoped that the Apple Pay will changed users’ habits. One year has passed since its announcement, not as many people use Apple Pay as Apple had expected.
