As economic pains from the COVID policies grew, China has been pushing to resume factory operations, with Apple suppliers given priority for…
Tag: Luxshare Precision Industry Co.
Apple supplier Luxshare seeks to raise $2.1 billion for device, EV expansion
Apple supplier Luxshare Precision Industry Co. is seeking to raise up to 13.5 billion yuan ($2.1 billion) through a private share placement…
Luxshare builds massive iPhone factory in China to challenge Foxconn and Pegatron
Luxshare Precision Industry is building a massive manufacturing complex in eastern China as it aims — with Apple’s blessing — to break…
Chinese Apple-assembler Luxshare soars on iPhone assembly deal
As U.S.-China tensions continue to escalate, Apple is set to invite mainland Chinese company Luxshare into the exclusive iPhone assembly club…
Apple’s AirPods assembler’s sales surge 79%, with more growth expected
The company, regarded as a bellwether for China’s consumer hardware industry, is expected to become an increasingly important supplier of components for wearable devices like the Apple Watch…
Trump admin tariff threats spur exodus of manufacturers from China
Electronics makers are shifting manufacturing from China in order to side-step Trump administration tariffs…
