It is reported that Lixun Precision has acquired part of the Shanghai plant of Changshuo Technology, the contract manufacturer of Apple's iPhone.
Thank you CTOnews.com netizen Mr. Aviation for the clue delivery! CTOnews.com November 17 news, According to Kechuang Board Daily reported, Many sources of news, Lixun precision has recently acquired iPhone foundry Changshuo technology located in Shanghai Pudong Kangqiao industrial zone part of the factory.
A source said that after that, Lixun Precision will bring its own employees into the plant. Lixun Precision Investor Relations said that no relevant information has been received and that the acquisition will be announced if it meets disclosure standards.
CTOnews.com understands that in the past few years, Lixun Precision has achieved rapid growth by continuously cutting into the fruit chain. Its revenue has more than doubled tenfold in 2021 compared with six years ago.
In 2011, Lixun Precision entered the Apple industry chain for the first time through acquisition and became an iPad cable supplier. In 2017, Lixun Precision obtained AirPods OEM qualification, and then became the largest OEM manufacturer of AirPods.
At present, Lixun Precision is one of the top three assemblers of Apple phones, China Times reported. In 2020, Lixun Precision expanded its assembly business by acquiring Kunshan Weixin and became Apple's third largest mobile phone assembly enterprise. Foxconn and Pegatron Technology ranked first and second among Apple's mobile phone assemblers respectively. According to Oriental Fortune Securities Research News, among the orders for iPhone 13-related products in 2021, Lixun Precision grabbed the position of second-tier iPhone 13 Pro models from Pegatron, accounting for about 40%. In Lucent Precision's 2021 annual report, Apple is the largest customer, accounting for more than 74% of sales. It is understood that Lixun Precision not only provides Apple with smart phones, smart watches, smart headphones complete assembly products, but also supplies display structure modules, SIP sealing products, Mini LED module products, etc.
It is worth mentioning that recently, the market reported that Lixun Precision is expected to take over the lost Apple AirPods Pro2 order of Goer shares and become the exclusive assembler of AirPods Pro2.
