TAIPEI/KUNSHAN, China -- Luxshare Precision Industry is building a massive manufacturing complex in eastern China as it aims -- with Apple's blessing -- to break the decadelong hold that Taiwanese rivals Foxconn and Pegatron have on iPhone assembly.
Luxshare, China's most prominent player in the Apple supply chain, is building a 285,000 sq. meter manufacturing park in Kunshan, Jiangsu Province, with a total investment of 11 billion yuan ($1.72 billion). The sprawling site -- covering an area the size of 40 football fields -- will churn out millions of iPhones as early as next year.
