Rumors that Lixun Precision will build a factory in Kunshan, iPhone production is expected to double to 15 million units

On December 23, according to media reports, Luxshare Precision is preparing to build a large-scale Apple iPhone assembly plant and is expected to achieve the goal of assembling one million iPhones as soon as next year. In response, Luxshare Precision stated that it was verifying the situation. The information that needs to be disclosed will be disclosed in a timely manner, and the company announcement shall prevail.

According to the report, Luxshare Precision is preparing to build a large-scale Apple iPhone assembly plant in Kunshan, Jiangsu, covering an area of ​​286 thousand square meters of manufacturing park, covering an area the size of 40 football fields, with a total investment of about 11 billion yuan. People familiar with the matter also said that Luxshare Precision’s new manufacturing park will set up 39 production lines to significantly increase the proportion of iPhone assembly. The goal is to increase the assembly volume of iPhone from 6.5 million units this year to 12 million next year at the fastest. 15 million pieces.

In addition, Luxshare Precision also leased and rebuilt a nearby factory previously owned by iPad assembler Compal. It is reported that in addition to helping to assemble the iPhone 13 series, Luxshare Precision’s new factory may have millions of units to assemble the new iPhone SE.

In 2020, Luxshare Precision and its controlling shareholder Luxshare Co., Ltd. invested 3.3 billion yuan (approximately US$472 million) to acquire 100% of the equity of Wistron’s two wholly-owned subsidiaries: at present, Wistron It is one of only three iPhone foundry manufacturers. Its subsidiary Wistron (Kunshan) Co., Ltd. is Wistron’s only iPhone production base. This successful acquisition of Wistron’s subsidiary, Luxshare Precision has become Apple’s foundry Vendor.

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