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Luxshare building massive iPhone plant in China to compete with Taiwan’s Foxconn

December 24, 2021
Source: intellasia.net intellasia.net
News Snapshot:
[Luxshare building massive iPhone plant in China to compete with Taiwan’s Foxconn] Luxshare Precision Industry is constructing an immense iPhone manufacturing complex in eastern China to challenge Taiwanese manufacturers Foxconn and Pegatron. According to Nikkei, Luxshare is building a 285,000-square-metre manufacturing complex in Kunshan, Jiangsu Province with a $1.72 billion (NT$47.8 billion) investment. The move signals Apple’s growing reliance on Chinese suppliers, the outlet said. The Chinese manufacturer has also leased and remodelled a neighbouring plant that was previously owned by iPad assembler Compal Electronics. Luxshare is expected to finish the initial phase of the new facility in mid-2022, according...
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Tags: Apple | China | Chinese | chips | Compal | facility | Foxconn | Gadgets & Electronics | government | India | investment | iPad | iPhone | IT | Jiangsu | Kunshan | Luxshare | management | manufacturer | manufacturing | supplier | Taiwan | technology | Vietnam | Wireless

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