Luxshare Precision Industry, headquartered in China, announced on Tuesday that its Hong Kong listing has been priced at the upper limit of its target range, resulting in the raising of approximately HK$24.27 billion (US$3.09 billion). The Apple supplier,…
Apple iPhone assembler Pegatron Corp emphasizes its expansion in other countries, including Vietnam, to reduce its dependence on China following the strict Covid-19 lockdowns there. “We faced Covid controls for two months. We couldn’t have assessed that in…
Earlier this month we told you that Apple and the Chinese government signed a secret deal valued at $275 billion. Apple reportedly made the payment to prevent the Communist Chinese government from taking regulatory actions against the company. And as we noted…