Apple Encourages AirPods Assembler to Expand, Challenge Foxconn [Report]

Apple is encouraging AirPods assembler Luxshare to expand its business and make a major investment in Catcher Technology, the world's second largest metal casing provider, reports Nikkei. This would create a rival to Foxconn, Apple's largest supplier.

The companies have been in talks for more than a year and recently entered a deeper round of negotiations.

The deal, if realized, would give Luxshare the ability to produce high-quality metal casing as well as access to smartphone assembly know-how, which would take it a step closer to becoming the Chinese version of Foxconn -- a single company with operations that span nearly the entire electronics supply chain. Such a move could ultimately help Luxshare grab a share of iPhone production, which ships around 200 million units each year.





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