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Luxshare Precision is a technology-oriented company that focuses on the R&D, production and sales of connectors, cables, motors, wireless charging, FPC, antennas, acoustics and electronic modules, and high-frequency PCB product development. Products are widely used in consumer electronics., Communications, enterprise, automotive and medical and other important global fields.
Luxshare Precision is a national high-tech enterprise focusing on connector R&D, production and sales. Its products are mainly used in 3C (computer, communications, consumer electronics), automotive and communications fields. The core product, computer connectors, has established a dominant position. Desktop computer connectors cover more than 20% of the world’s desktop computers, and the production of notebook computer connectors has been rapidly expanded. New products such as DP, eDP, USB3.0, ESATA, etc. have been developed. At the same time, the company is gradually entering the fields of automotive connectors, communication connectors and high-end consumer electronics connectors, expanding new product markets, and establishing its own competitive advantage. It is worth noting that companies such as Apple and Huawei are clients of Luxshare Precision. Shen Wan Hongyuan pointed out that when it was launched in 2010, Luxshare Precision used computer connectors as its main product and focused on the production of high-value-added internal computer connectors. Now it has become the number one connector in mainland China and eighth in the world. PCB manufacturer.
In the future, Luxshare Precision will realize from the intelligent interaction between equipment and equipment to the intelligent interaction between equipment and people. Through the industry layout, relying on a systematic market strategy and a comprehensive technical support network, as well as professional, Luxshare precision, young and passionate The executive team quickly realizes the all-round development of "machinery, electricity, sound and light". While becoming an industry leader in the strategy of "Made in China 2025", it also aspires to become a pioneer in the same industry in the world.
Luxshare Precision
Luxshare Precision is deeply involved in the formulation of Type-C standards. It is the world's first manufacturer to obtain USB-C Connector certification and USB-C Cable Assembly product certification. There are more than 20 Cable and Connector products that have obtained TID certification.
Luxshare Precision has the core technology and intellectual property rights of independent products, and more than 2,300 invention patents, utility model patents and appearance design patents. The company's laboratory was certified by the National Accreditation Service in 2007 and was awarded the title of "Shenzhen Testing Platform"
Taiwan’s "Economic Daily News" reported that Luxshare Precision will win the assembly order for the new iPhone for the first time this year, including high-end and large-size models, with a total of tens of millions. Overtaking Pegatron and becoming the second largest iPhone assembly plant. At present, the iPhone assembly orders are divided among the three Taiwanese factories including Hon Hai, Pegatron, and Wistron, with Hon Hai taking the largest share. Luxshare has previously been a member of Apple's supply chain, mainly supplying electro-acoustic components, connectors and other components. This year it has become one of the key components of assembly.
The latest research report pointed out that looking at Apple's future iPhone product strategy, it is expected that the iPhone will ship 230-240 million and 250-260 million units in 2021 and 2022, respectively (vs. approximately 195 million units in 2020). Estimated shipments of the new iPhone in 2H21 will be 83–88 million units (vs. 75 million units in 2H20). In the current iPhone supply chain, Luxshare will begin to assemble and ship iPhones in 2021. It is expected that Luxshare’s iPhone assembly business will grow significantly year-on-year from 2021 to 2023, which is the biggest beneficiary of the iPhone’s high visibility. Except for the iPhone, Luxshare is expected to enter the Mac assembly business in 2H22–1H23 at the earliest, and it is expected that it will start contributing sports energy from 2H23–1H24.
