Sunday, July 15, 2007

Asian Stocks Fall From a Record; Samsung, Hon Hai Lead Technology Losses

(Bloomberg) -- Asian stocks fell, dragging a
regional benchmark from a record, as a slide in technology
shares countered gains in energy-related companies.

Samsung Electronics Co., which ended last week at a 15-
month high, plunged the most in three years after memory-chip
prices fell. Hon Hai Precision Industry Co., the world's largest
contract electronics manufacturer, slid the most in four months
after a newspaper said it may buy a stake in LG.Philips LCD Co.


Read more at Bloomberg Stocks News

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