Apple supplier Luxshare to take control of key iPhone plant in eastern China via US$300 million deal with Taiwan’s Pegatron
Formally known as Hon Hai Precision Industry , Foxconn is the world’s largest electronics contract manufacturer and makes about 70 per cent of all iPhones, with the bulk assembled at its main production site in Zhengzhou , capital of central Henan province. The acquisition is expected to give…
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