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Luxshare latest Chinese Apple supplier to enjoy revenue boost

August 25, 2021
Source: nikkei.com nikkei.com
News Snapshot:
Apple now has more suppliers from China and Hong Kong than from Taiwan. © Reuters LAULY LI, Nikkei staff writer August 25, 2021 00:20 JST | China Copy Copied TAIPEI -- Luxshare Precision Industry revealed Tuesday record revenues and a big jump in profits for the first half of 2021, becoming the latest Chinese manufacturer to enjoy a boost from its business as a supplier to Apple. The Guangdong-based company sometimes called "Little Foxconn," which has been deepening its relationship with Apple and is assembling iPhones for the U.S. technology giant for the first this year, said first-half revenue grew...
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Tags: Apple | ASIA | battery | Business | China | Chinese | Covid-19 | currency | Foxconn | Gadgets & Electronics | Guangdong | Hong Kong | iPhone | Jiangsu | manufacturer | manufacturing | Renminbi | revenue | Shenzhen | stock exchange | supplier | Taipei | Taiwan | technology | Yuan

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