Luxshare - Asia Tech Wire

Luxshare

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.

2021.12.22

04:45

Apple supplier Luxshare builds iPhone megafactory to challenge Foxconn

Asian Tech Press (Dec 22) -- Apple Inc. supplier Luxshare Precision Industry Co Ltd is building a massive production facility in eastern China with the goal of breaking the decade-old monopoly on iPhone assembly held by Taiwan-based rivals Foxconn and Pegatron with the support of Apple, Nikkei reported on Wednesday.

2021.06.25

11:00

China's Luxshare rumored to OEM the new iPhone for Apple

(Asian Tech Press) Luxshare Precision Industry Co., Ltd, a China-based provider of Internet solutions, will OEM the new iPhone for Apple Inc., rivaling its biggest supplier Foxconn Technology Group, according to Taiwan's largest financial newspaper Economic Daily News.

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