Apple supplier Luxshare to take control of key iPhone plant in eastern China via US$300 million deal with Taiwan’s Pegatron
Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.
Luxshare is set to buy a 62.5 per cent stake in Taiwanese rival Pegatron’s unit in eastern Jiangsu province, enabling the Shenzhen-based firm to better compete with Apple’s primary supplier Foxconn.