Headlines

PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: Tech stocks and Apple suppliers are in focus after the Nasdaq 100 fell into a correction and the iPhone maker reported Q4 earnings

Newsquawk Staff ·

TAIWAN

Lite-On Technology (2301 TT) - Co. Q3 (TWD) net rose 60% Y/Y and 4% Q/Q to 7.4bln, rev. rose 28% Y/Y and 9% Q/Q to 57.4bln, driven by robust demand for cloud computing products and power management systems amid continued AI infrastructure expansion. (Taipei Times)

Apple Supply Chain - Apple (AAPL) Q4 2026 (USD): EPS 2.10 (exp. 1.99), Revenue 114.5bln (exp. 113.4bln); Net income 30.7bln (exp. 29bln); Operating income 35.6bln (exp. 34.6bln); Operating expenses 19.2bln, Products revenue 82.90bln (exp. 81.85bln), iPhone revenue 57.58bln (exp. 56.49bln), Services revenue 31.57bln (exp. 31.58bln), Mac revenue 10.79bln (exp. 9.70bln), iPad revenue 6.23bln (exp. 6.89bln), Wearables, Home & Accessories revenue 8.30bln (exp. 9.00bln), Americas revenue 48.68bln (exp. 48.51bln), Greater China revenue 17.54bln (exp. 18.75bln).

Tech - Nasdaq 100 underperformed and fell into correction territory as the tech rout persisted stateside to offset the tailwinds from a slump in oil prices amid diplomacy hopes.

SINGAPORE

Parkway Life REIT (PREIT SP) - Co. 9M (SGD) net property income of 108.0mln (prev. 110.7mln Y/Y), gross rev. fell 1.9% Y/Y to 115.1mln, DPU SGD 0.1310. (Newswires)

Other News - MAS set aside SGD 30mln to help insurers develop expertise in financing major projects. (Straits Times)

What it means

Apple's print landed broadly ahead of consensus on EPS, revenue and the key iPhone and Mac lines, with Services in line, while Greater China and wearables came in light, a split that has in past quarters separated a headline beat from the quality of the reaction. The transmission to Asia pre-market runs through the listed supplier set, where order-flow sensitivity to iPhone volumes and mix tends to show up first in the Taiwan hardware names; the Greater China miss is the line that has historically mattered more for the chain than the group EPS beat. Lite-On's results, driven by cloud and power management demand, sit within the AI infrastructure buildout narrative that has supported the Taiwanese supply complex, though a correction in the Nasdaq 100 at the same time changes the backdrop: in past episodes, strong component-level earnings have struggled to offset a broad de-rating in the US tape. Worth watching is whether the supplier reaction follows the earnings or the index, since in comparable setups the beta to Nasdaq has dominated the idiosyncratic beats in the first sessions. The Singapore items, a REIT distribution and a MAS insurance initiative, are marginal to the tape by comparison.

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