AAC major Appl supplier said future growth to come from smart phones and tablets. How is this possible if APPLE'S business is slowing down? The numbers don't lie buy AAPL!
Shares in AAC Technologies Holdings, a maker of miniature electronics products for smartphones, tablets and other devices that is a supplier to Apple, jumped 8.2% at the Hong Kong Stock Exchange today after the company yesterday posted a 70% rise in 2012 net profit to 1.8 billion yuan, or $284 million. Sales rose 55% to 6.3 billion yuan.