Apple is happy for ‘takeover’ of this iPhone factory in China, here’s why

Apple is happy for ‘takeover’ of this iPhone factory in China, here’s why

Apple’s key Chinese manufacturing partner Luxshare Precision Industry Co is set to gain control of an iPhone assembly site run by Taiwanese rival, Pegatron. According to a report by South China Morning Post, Luxshare is set to buy a 62.5% stake in Pegatron Corp’s unit in Kunshan, which is also China’s most affluent county in … Read more