Luxshare Precision Reaches Cooperation With Chery Group
Vehicle component maker Luxshare Precision announced on February 11 that it has signed a strategic cooperation framework agreement with Chery Group.
2/14/20222 min read
Tag: #luxshare precision
Showing 9 of 9 posts with this tag
Apple Supplier Luxshare Precision Requires Revenues to Exceed $32B Next Year
Apple supplier GoerTek lost an order to produce the AirPods Pro 2 last week. Many analysts believed that the order would be transferred to Luxshare Precision. On November 13, the company launched a 2022 stock option incentive plan to boost its share price.
11/14/20223 min read
iPhone 15 Saw Sluggish Sales amid Tim Cook's Swift China Tour
China is now the largest market for Apple's iPhone, and it is also a manufacturing center for Apple. The impact of Tim Cook's visit to China on boosting iPhone sales is yet to be observed.
Apple Reportedly Lowers 2022 AirPods Production
Apple is planning to reduce production orders for its AirPods earphones by more than 10 million units for 2022, as the company predicts lukewarm demand and is seeking to reduce idle inventory.
3/29/20222 min read
Foxconn and Luxshare Angle for Apple Car Manufacturing Contracts
Apple suppliers Foxconn and Luxshare Precision are among possible candidates to produce the much rumored Apple Car.
3/4/20223 min read
10 Female Founders Changing Chinese Tech and Economy
Despite the presence of highly successful women in the industry, we find the need to specify that a founder is “female” as if it were an exception.
Apple Supplier Luxshare Precision Discloses US Investigation Findings
Luxshare Precision, a consumer electronics manufacturer, announced on September 13 that the United States International Trade Commission's investigation into the company has been closed without any material impact on the company's production and operations.
9/13/20223 min read
Luxshare Precision Denies That Apple Cut Orders
News that Apple will cut manufacturing orders caused its major Chinese supplier Luxshare Precision's stock price to fall on Wednesday. However, Luxshare clarified the situation in its latest announcement on Thursday morning.
Luxshare to Take Over Some Production at Apple's Largest Shanghai Foundry
GNDC, Apple'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 in Shenzhen, was reported to be in negotiations regarding the takeover of certain factories.