Luxshare - Asia Tech Wire

Luxshare

2025.01.23

21:55

Public offerings' top holdings in the fourth quarter of last year are released: Cambrian, Hengrui Medicine, and North China Huaxin are among the top ten

The fourth quarter reports of public funds in 2024 have been fully disclosed. According to the latest data from Tianxiang Investment Consulting, as of the end of the fourth quarter of 2024, the top ten holdings of 5,179 actively invested equity funds (including closed-end funds, open-end equity funds, and hybrid funds) included in the statistics are CATL, Tencent Holdings, Midea Group, Kweichow Moutai, Luxshare Precision, Wuliangye, Cambrian, Zijin Mining, Hengrui Medicine, and North China Huachuang.

2025.01.17

09:40

Luxshare Precision established a new company including mobile terminal equipment manufacturing business

According to the Qichacha APP, Luxshare Communications (Shanghai) Co., Ltd. was recently established, with Li Bin as the legal representative and a registered capital of 1.5 billion yuan. Its business scope includes: mobile terminal equipment manufacturing; communication equipment manufacturing; communication equipment sales; mobile communication equipment manufacturing; smart vehicle equipment manufacturing; smart vehicle equipment sales; electronic component manufacturing, etc. Qichacha's equity penetration shows that the company is wholly owned by Luxshare Precision.

2025.01.15

14:48

Luxshare Precision invested in establishing an industrial company in Handan

According to the Qichacha APP, Luxshare Precision Industry (Handan) Co., Ltd. was established recently, with Zhang Zhenmiao as the legal representative, a registered capital of 100 million yuan, and business scope including automobile parts and accessories manufacturing, hardware product manufacturing, hardware product research and development, etc. Qichacha equity penetration shows that the company is wholly owned by Luxshare Precision Industry (Kunshan) Co., Ltd., which is a wholly-owned subsidiary of Luxshare Precision.

09:46

The Tonghua Shunguo Index fluctuated downward, and Lens Technology fell more than 8%.

The 100% Tonghua Shunguo Index fluctuated downward, with Lens Technology falling more than 8%, followed by Luxshare Precision, Everwin Precision, Crystal Optech, Foxconn Industrial Internet, and Changdian Technology.

2025.01.07

09:54

A-share CPO concept stocks fluctuated and rebounded. Leimu shares had previously hit the daily limit, Broadcom Technology rose more than 9%, Taishen Optoelectronics, Jingwang Electronics, Guangku Technology, Luxshare Precision and others followed suit.

09:43

The A-share consumer electronics sector rose in early trading, Derun Electronics hit the daily limit, Xianying Technology and UGREEN Technology rose more than 7%, JMET and Singin Electronics rose more than 5%, and Kaiwang Technology, Dianlian Technology and Luxshare Precision followed suit.

2025.01.06

16:08

Luxshare Precision's acquisition of Leoni shares and Leoni Cable shares was unconditionally approved by the State Administration for Market Regulation

The State Administration for Market Regulation released a list of cases of concentration of operators that were unconditionally approved from December 23 to December 29, 2024, including the acquisition of shares of Leoni Cable Co., Ltd. by Luxshare Precision Industry Co., Ltd. and the acquisition of shares of Leoni Co., Ltd. by Luxshare Precision Industry Co., Ltd.

2024.12.17

10:10

Heavyweight stocks rebounded in shock, ZTE rose more than 7%

Heavyweight stocks rebounded in a volatile market, with ZTE Corporation rising more than 7%, followed by Foxconn Industrial Internet, CATL, BYD, Luxshare Precision, EVE Energy, Great Wall Motors and others.

2024.12.03

07:40

TF Securities: Domestic demand stimulates product cycle resonance, consumer electronics industry chain attracts attention

According to a research report by Tianfeng Securities, the consumer electronics industry chain has ushered in development opportunities due to policy stimulus and product cycle resonance. Jiangsu Province has introduced a 3C product subsidy policy, and Guizhou has expanded the scope of support for old-for-new exchanges, promoting the release of consumer electronics demand. Apple's new round of product cycles is about to start, and innovations such as iOS18.2 will catalyze the improvement of AI experience. Investment advice is to pay attention to companies related to the Apple and Android industry chains, including Luxshare Precision, Lens Technology, and BYD Electronics, and consumer electronics brands include Transsion Holdings and Xiaomi Group. The consumer electronics industry has a promising future driven by policies and innovations.

2024.10.25

10:01

Apple dramatically scales back Vision Pro production

Asia Tech Wire (Oct 25) -- Apple has reportedly dramatically scaled back production of its Vision Pro headset since early summer, and may discontinue production of the device's current version altogether by the end of the year.

2024.09.19

03:19

Apple supplier Luxshare to buy German auto wiring harness maker for $582 million

Asia Tech Wire (Sep 19) -- Apple's Chinese supplier Luxshare Precision Industry Co., Ltd. (002475.SZ) is buying a German automotive wiring harness maker for 525 million euros ($582 million).

2024.06.19

09:34

Intel China invests about $2.4 million in Luxshare subsidiary

Asia Tech Wire (June 19) -- Intel China has invested about 17.6618 million yuan (US$2.4 million) in a subsidiary of Apple supplier Luxshare Precision Industry Co. Ltd.

2024.05.22

07:10

Pegatron adjusts iPhone production in Shanghai via partnership with Luxshare-affiliated entity

Asia Tech Wire (May 22) -- Taiwan's Pegatron has adjusted its deployment of iPhone production in Shanghai by partnering with a Luxshare-affiliated entity, according to Chinese media outlet Jiemian.

2023.11.10

06:59

Apple supplier Luxshare to invest additional $330 million in northeast Vietnam

Asian Tech Press (Nov 10) -- Apple supplier Luxshare (002475.SZ) will invest an additional $330 million in Vietnam's northeastern province of Bac Giang to expand production.

2022.03.29

07:14

AirPods supplier shares plunge amid rumors of production cuts by Apple

Asian Tech Press (Mar. 29) -- AirPods suppliers shares plunged Tuesday after it was rumored that Apple plans to cut production.

Email Subscription

Newsletters and emails are now available! Delivered on time, every weekday, to keep you up to date with North American business news.

Weekly Highlights

                                    Southwest Airlines CEO: Although Boeing still has a lot of work to do, they seem to be moving in a good direction and we are more optimistic.
                            2025-01-31

                                    White House Press Secretary Levitt: Details about the Nvidia meeting are still unclear.
                            2025-02-01

                                    Apple (AAPL.O) said the Apple Pay outage has been resolved.
                            2025-01-29

                                    Jefferies: Raised Meta Platforms (META.O) price target from $715 to $810.
                            2025-01-30

                                    Sam Altman, founder and CEO of OpenAI: OpenAI will develop specialized hardware for AI.
                            2025-02-03