Luxshare Precision Industry Co Ltd Class A - Stock Quote 002475

Luxshare Precision is one of the world’s largest manufacturers of cables and connectors and is a major supplier to Apple, which accounts for almost 70% of sales. Founded in 2004, the company has since expanded production into other faster-growing consumer electronic components, such as speakers, haptic, cameras, PC docks, and wireless charging modules, as well as electronic manufacturing services for Apple’s Watch and AirPods. Of Luxshare’s 2021 sales, 87% is derived from the consumer electronics end market, while the remaining 13% is spread across the computer, communication and automobile verticals. Luxshare employs over 220,000 people and has manufacturing bases in China, India, and Vietnam.