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Filing shows Apple supplier Luxshare plans to buy a 62.5% stake in Pegatron's Kunshan unit in eastern China for about $300M, as it seeks to compete with Foxconn (Debby Wu/Bloomberg) 28-12-2023

Debby Wu / Bloomberg:
Filing shows Apple supplier Luxshare plans to buy a 62.5% stake in Pegatron’s Kunshan unit in eastern China for about $300M, as it seeks to compete with Foxconn  —  – Pegatron to sell majority stake of Kunshan campus to Luxshare  — Apple’s fostering Chinese suppliers to boost ties with Beijing


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