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Apple supplier Luxshare plans camera module IPO as next leap

Chinese company's growth threatens rivals in Taiwan and South Korea

TAIPEI -- China-based AirPods assembler Luxshare-ICT is planning to list a camera module maker it recently acquired from Taiwan's Lite-On Technology in Hong Kong within the next two years, according to sources.

"Luxshare's goal is to challenge the market positions of Chinese camera module suppliers Sunny Optical and O-film Tech in the coming years, grabbing a bigger slice of the smartphone industry," an executive familiar with the company's plans told the Nikkei Asian Review. AirPods are wireless earphones developed by Apple.

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