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Luxshare to Take Over Some Production at Apple’s Largest Shanghai Foundry
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Luxshare to Take Over Some Production at Apple’s Largest Shanghai Foundry

Nov 28, 2022
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Luxshare to Take Over Some Production at Apple’s Largest Shanghai Foundry
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Luxshare to Take Over Some Production at Apple’s Largest Shanghai Foundry
(Source: Apple)

Affected by cuts in Apple product orders and various other factors, GNDC, the tech giant’s largest foundry in Shanghai, suspended recruitment of new employees in October, resulting in many factories and production lines standing idle. Luxshare Precision, an Apple supplier located in Shenzhen, was reported to be in negotiations regarding t…

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