Apple supplier Luxshare fell in its Hong Kong trading debut, closing down 1.6%, after raising ~$3.1B in the city's biggest listing in 2026 so far
Apple supplier Luxshare raised ~$3.1B in its Hong Kong IPO, selling 383.5M shares at ~$8 each, the top of its marketed range, and will start trading on Thursday
Apple Inc. supplier Luxshare Precision Industry Co. raised HK$24.3 billion ($3.1 billion) after pricing shares for its Hong Kong listing at the maximum amount it had set.
Five Chinese tech and advanced manufacturing companies launch Hong Kong listings, seeking to raise up to $5.6B, led by Apple supplier Luxshare's $3.15B offering
Five Chinese technology and advanced manufacturing companies launched Hong Kong listings on Tuesday to raise up to HK$44.1 billion …
Kuo: OpenAI is working with MediaTek and Qualcomm to develop smartphone chips, with Luxshare handling the system co-design; mass production is expected in 2028
• Latest industry checks: OpenAI is working with MediaTek and Qualcomm to develop smartphone processors …
Docs: Foxconn's subsidiaries and China's Luxshare plan expansions in Vietnam to boost gaming device production, reinforcing Vietnam's gaming supply chain role
Foxconn (2317.TW) and Luxshare (002475.SZ) plan to add millions of gaming devices to Vietnam's annual output …
Report: OpenAI has considered building glasses, a digital voice recorder, and a pin, and has signed a deal with Luxshare to assemble at least one of its devices
A few months ago, OpenAI teamed up with Jony Ive to build the next generation of AI-powered hardware, under the brand io.
Sources: Apple supplier Luxshare is working with China International, Citic, and Goldman Sachs on its Hong Kong IPO for as soon as 2025, aiming to raise $1B+
Bloomberg :
Apple plans to invest $160M in Indonesia to help resume iPhone 16 sales, with Luxshare committing $150M for a factory to produce ~65% of global AirTag supply
Financial Times :
China's Wingtech, supplier to Apple, Samsung, Xiaomi, and others, plans to sell its contract manufacturing business to Luxshare after being sanctioned by the US
Iris Deng / South China Morning Post :
Filing: Apple supplier Luxshare plans to acquire a 62.5% stake in Pegatron's Kunshan unit in China for ~$300M, as Luxshare seeks to better compete with Foxconn
Debby Wu / Bloomberg :