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Investing.com-- Shares of Hong Kong‑listed Apple (NASDAQ:AAPL) suppliers rose on Wednesday as speculation builds around the upcoming iPhone 17, expected to debut in September.
Several media reports showed there was growing speculation that Apple will unveil the iPhone 17 lineup on September 9 -- a Tuesday-- its customary launch weekday.
The news lifted shares of prominent suppliers in Hong Kong trade, with shares of audio equipment maker AAC Technologies (HK:2018) jumping nearly 6%.
Q Technology (HK:1478), which specializes in camera modules and fingerprint sensors, saw its shares rise 1%, while Lens Technology (HK:6613), known for touchscreens, gained 1.5%.
In contrast, Hong Kong’s broader Hang Seng index traded largely flat on Wednesday.
These supplier stocks have been on the rise since Apple’s third-quarter results were released last week. Apple reported revenue of $94.04 billion, up nearly 10% year‑on‑year, and iPhone sales surged 13.5% to $44.58 billion.
This was driven in part by strong China performance, marking a turnaround after a decline in the prior quarter.