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Thursday 19 September 2024
Luxshare expands in Apple supply chain and auto sector, challenging Foxconn's dominance
China-based Luxshare Precision Industry is deepening its involvement in the Apple supply chain, emerging as a growing threat to Taiwan-based Hon Hai Precision Industry (Foxconn),...
Wednesday 18 September 2024
Apple supplier Luxshare acquires German auto supplier Leoni in diversification bid
With iPhone sales in the Greater China region slumping in the first half of 2024 under fierce competition from Chinese smartphone brands, companies in Apple's supply chain have been...
Monday 9 September 2024
Ennoconn expands SEA footprint with US$10.7 million acquisition of Nera Telecommunications
As part of its efforts to strengthen its global sales strategy, Ennoconn announced on the evening of September 4 its plan to acquire a 53.38% stake (193,173,439 shares) in Nera Telecommunications...
Monday 9 September 2024
Tower Semiconductor partners with Adani to set up wafer fab in India
As Semicon India 2024 approaches, Tower Semiconductor and the Adani Group have announced a partnership to establish a wafer fab in Maharashtra, India. This strategic collaboration...