Technology

China's Luxshare to become No. 2 iPhone assembler after $296m deal

Chinese supplier to take control of Pegatron's Kunshan plant, deepening ties with Apple

LAULY LI, Nikkei Asia tech correspondent
December 28, 2023 19:02 JST

TAIPEI -- China's Luxshare is poised to become the world's second-largest iPhone assembler after it takes a majority stake in a Taiwanese peer's plant in the Chinese city of Kunshan.

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