It’s Only Common Sense: Dear Santa, Here’s My Sales Wish List
The New Chapter: The Benefits of Continuing Education
Marcy’s Musings: Boosting Your Inner Layer Precision and Production Outcomes
Luxshare Set to Acquire Two iPhone Manufacturing Plants From Wistron
July 22, 2020 | I-Connect007Estimated reading time: 1 minute
The iPhone assembly market is about to get a little more competitive after a recent filing with the Taiwan Stock Exchange by Wistron to sell two of its manufacturing plants to Luxshare Group.
The news was announced through several news agencies who learned of the intended sale through a public filing by Wistron, which operates two plants in Kunshan and Jiangsu in China. The move is intended to rival iPhone assembler giants Foxconn and Pegatron.
The sale to Luxshare Group has a tentative value of RMB 3.3 billion or approximately $360 million, according to news sources reporting the filing.
It also comes on the heels of Apple’s challenge to its suppliers to diversify production of its products, namely iPhones, AirPods and MacBooks amid the COVID-19 outbreak in China.
News sources say the move by Wistron and Luxshare is an effort to make a major investment in the complex process of assembling the smartphones, and give Apple an alternative to Taiwan-based Foxconn, the world’s largest contract electronics maker and Apple’s biggest supplier.
Sources say Luxshare, a key supplier of AirPods, wants to open a manufacturing plant in India. The company started by making cables and connectors, then moved into AirPods and Apple Watches. Assembling iPhones is a much more complicated and precise process, so acquiring the two Chinese plants will give Luxshare an advantage as it seeks to rival Foxconn.
Share on:
Suggested Items
Are Our Stackup Rules No Longer Valid?
12/19/2024 | Cherie Litson, EPTAC MIT CID/CID+Are the stackup rules we used to follow no longer valid? It depends on what you’re designing. Electrical rules change depending on your circuit. Fabrication rules change depending on which fabricator you’re working with. Today, we just have more options, and sometimes, cost is a bigger rule than anything else. If you search online for information about layer stackups, trace widths, and hole sizes in PCBs, you’ll find a variety of resources.
Liquid AI Raises $250M to Scale Capable and Efficient General-purpose AI
12/16/2024 | Liquid AILiquid AI announces a Series A round of financing with AMD Ventures as strategic lead.
Connect the Dots: Designing for Reality: Strip-Etch-Strip
12/05/2024 | Matt Stevenson -- Column: Connect the DotsIn the previous episode of I-Connect007’s On the Line with… podcast, we focused on pattern plating. At this point, we are close to completing our boards and ready for the strip-etch-strip (SES) process. By this stage of the manufacturing process, we have laminated all the internal layers together, drilled the through-holes, applied the image to the external layers through photoresist, plated the copper in those channels to beef up the copper thickness for traces, pads, and through-holes, added a layer of electrolytic tin over the top of that copper to protect it during subsequent stages of production.
ZESTRON South Asia releases whitepaper – Impact of Cleaning Technology on Discrete Packaging - The Difference in Wire Bonding Yield
12/02/2024 | ZESTRONZESTRON, the global leading provider of high precision cleaning products, services, and training solutions in the electronics manufacturing and semiconductor industries, is pleased to release the whitepaper “Impact of Cleaning Technology on Discrete Packaging - The Difference in Wire Bonding Yield”
Betamek Berhad Secures MYR 396,420 Government Grant for Digital Transformation
11/27/2024 | BetamekBetamek Berhad has accepted a government grant of MYR 396,420 from the Ministry of Entrepreneur and Cooperatives Development, managed by Malaysia Industrial Development Finance Berhad.