In Taipei trading yesterday, shares of Largan fell 0.83 percent to NT$418, Silitech dropped 1.5 percent to NT$73.40.
“Investors are selling these shares because they are worried these suppliers will get fewer orders from Nokia,” said Bonnie Chang (張文慧), an analyst at Yuanta Securities Co (元大證券). “Largan and Silitech are already getting the bulk of Nokia’s orders as Nokia streamlines its suppliers. So, there’s no need to be nervous about the situation.”
Shares of HTC were up 0.75 percent to NT$471.5, Merry edged up 0.65 percent to NT$31 and Compal Communications rose 1.92 percent to NT$31.8, stock exchange data showed.
ADDITIONAL REPORTING BY BLOOMBERG
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