Close Menu
  • Home
  • AI
  • Entertainment
  • Finance
  • Sports
  • Tech
  • USA
  • World
  • Latest News

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

What's Hot

Storm apologizes after co-owner reprimands teenage girls for supporting Cunningham | News Basketball News

July 30, 2026

China threatens to retaliate against US ban on humanoid robots, claims it will cause ‘serious damage’ to relations

July 30, 2026

Mark Zuckerberg predicts billions of people will have personal AI agents within five years

July 30, 2026
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram Vimeo
BWE News – USA, World, Tech, AI, Finance, Sports & Entertainment Updates
  • Home
  • AI
  • Entertainment
  • Finance
  • Sports
  • Tech
  • USA
  • World
  • Latest News
BWE News – USA, World, Tech, AI, Finance, Sports & Entertainment Updates
Home » Apple supplier Luxshare seeks $3.1 billion for Hong Kong stake sale
Finance

Apple supplier Luxshare seeks $3.1 billion for Hong Kong stake sale

adminBy adminJune 30, 2026No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp VKontakte Email
Share
Facebook Twitter LinkedIn Pinterest Email


In this illustrated photo, the Luxshare Precision company logo is displayed on a smartphone screen.

Sopa Images | Light Rocket | Getty Images

Apple supplier Luckshare Precision Industries plans to raise up to HK$24.27 billion (about $3.1 billion) through a Hong Kong stock sale, according to a stock exchange filing on Tuesday.

of Shenzhen listed According to the prospectus, the company plans to offer 383.5 million H shares at a maximum price of HK$63.28 per share.

About 90% of the shares will be allocated to overseas investors, while the rest will be offered to private buyers in Hong Kong. Trading is scheduled to begin on July 9th.

The company plans to determine the final offering price by July 7, with pricing and allocation results expected to be announced the following day.

Luxshare, one of Apple’s key manufacturing partners, is the largest provider of precision intelligent manufacturing solutions in mainland China and will be the world’s fifth largest provider of sales by 2025, according to Frost & Sullivan.

The company manufactures components and systems across consumer electronics, automotive electronics, communications, and data centers.

The listing comes as Luxshare seeks to diversify beyond consumer electronics, which accounted for nearly 80% of sales last year. Automotive electronics has emerged as a fast-growing business, contributing 11.8% of sales in 2025, up from 3.9% two years ago.

Never miss the most trusted news moments in business news when you choose CNBC as your preferred source on Google.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp Email
Previous ArticleVenezuela earthquake: The smell of death lingers in ruined streets as packed hospitals scramble to save lives
Next Article How Germany was given a humiliating World Cup qualification and what it means for Paraguay | 2026 World Cup News
admin
  • Website

Related Posts

China threatens to retaliate against US ban on humanoid robots, claims it will cause ‘serious damage’ to relations

July 30, 2026

Samsung Electronics’ second-quarter operating profit exceeds expectations

July 30, 2026

US resumes attacks on Iran in retaliation for missile attack

July 30, 2026

JetBlue overhauls fare options from basic economy to basic first class

July 30, 2026
Leave A Reply Cancel Reply

Our Picks

Newly freed hostages face long road to recovery after two years in captivity

October 15, 2025

Former Kenyan Prime Minister Raila Odinga dies at 80

October 15, 2025

New NATO member offers to buy more US weapons to Ukraine as Western aid dwindles

October 15, 2025

Russia expands drone targeting on Ukraine’s rail network

October 15, 2025
Don't Miss
Entertainment

Dakota Johnson, Ana de Armas, etc.

By adminJuly 30, 20260

Marilyn Monroe was the first to play Marilyn Monroe. “Do you want to see me…

The Game of Thrones and Doctor Who actor was 80 years old

July 30, 2026

Sean “Diddy” Combs’ prison release date moved to January 2028

July 30, 2026

Emma Stone and Ryan Gosling’s “Crazy, Stupid, Love” casting and audition details

July 30, 2026
About Us
About Us

Welcome to BWE News – your trusted source for timely, reliable, and insightful news from around the globe.

At BWE News, we believe in keeping our readers informed with facts that matter. Our mission is to deliver clear, unbiased, and up-to-date news so you can stay ahead in an ever-changing world.

Our Picks

French student fined for licking straw in Singapore

July 30, 2026

Live updates: US resumes attack on Iran as war expands to involve more countries

July 30, 2026

Russia launches large-scale attack on Ukraine, unidentified projectile explodes in Poland

July 30, 2026

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact US
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2026 bwenews. Designed by bwenews.

Type above and press Enter to search. Press Esc to cancel.