Shares of Apple supplier AAC Tech set to slide after profit warning

Shares of Apple supplier AAC Tech set to slide after profit warning

HONG KONG: Shares of Apple Inc supplier AAC Technologies were set to slide 10 percent on Tuesday after the acoustic component maker said it expected its first-quarter profit to fall by up to 75 percent due to reduced orders.

AAC shares were set to open at HKUS$53, compared with a flat broader market.

(Reporting by Anne Marie Roantree and Donny Kwok; Editing by Stephen Coates)

Source: Reuters

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