Luxshare is deepening its ties with Apple, as the Chinese manufacturer is set to become the world’s second-largest iPhone assembler.
Luxshare is deepening its ties with Apple. According to Nikkei Asia, the Chinese manufacturer is set to become the world’s second-largest iPhone assembler after taking over the majority of business from Pegatron’s plant in Kunshan (China).
With that, Luxshare is only behind Foxconn, although the Chinese company is really betting on Apple, as it’s also the sole manufacturer of Apple Vision Pro, Apple’s upcoming spatial computer, set to be released in early 2024.
According to Nikkei, Pegatron announced that Luxshare is investing $296 million into the Kunshan plant as a capital expansion.
