Japan's Sumida gains after Apple reveals supply chain

Reuters News
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Posted: Jan 15, 2012 7:29 PM
Japan's Sumida gains after Apple reveals supply chain

TOKYO (Reuters) - Shares of Sumida Corp rose 2 percent in early trade on Monday, outperforming the broader market, after Apple revealed the special coil manufacturer is on its list of suppliers.

The Nikkei average was down 1.3 percent at 8,391.54.

(Reporting by Dominic Lau; Editing by Joseph Radford)