Apple Play

Apple: Apple reported a positive set of results overnight, driven by solid iPhone sales driven by demand from Brazil, Russia, India, and China. We do not rule out that the positive sentiments would spill over to SGX-listed tech counters with exposure to the supply chain of Apple, as it heads into a major refresh of the company’s flagship product, estimated to be announced in Sep. Proxies to the tech giant includes: Hi-P- supplier of electro-mechanical modules; Amtek Engineering- Produces iPhone chargers; STATS ChipPac- Semiconductor back-end tester and assembler for TSMC, producer of iPhone 6's A8 processor; Epicentre- Apple Premium Reseller; ECS Holdings and Karin Technology- Holds rights to distribute Apple products;