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AAC Technologies Holdings Inc. -- Moody's assigns first-time Baa1 issuer rating to AAC Technologies; outlook stable

Moody's Investors Service has assigned a first-time Baa1 issuer rating to AAC Technologies Holdings Inc. "AAC Technologies' Baa1 issuer rating reflects the company's position as a leading miniature components manufacturer, with a long operating history and a track record of adapting to changing market and product demand," says Gerwin Ho, a Moody's Vice President and Senior Credit Officer. AAC Technologies' competitive strength is evident from its ability to compete against global competitors and to supply its products to leading mobile phone and consumer electronics makers.