TAIPEI/SHANGHAI: Shares in Asian tech companies that are major suppliers to companies like Apple rose on Monday after the U.S. government granted temporary exclusions from steep tariffs on smartphones, computers and some other electronics imported largely from China.
Shares in Foxconn, Apple's largest iPhone assembler, rose as much as 7.8% before trimming gains to close 3% higher. Contract laptop maker Quanta closed up 5.8% and Inventec - which also makes artificial intelligence servers - rose 4.1%.
