Luxshare Precision Shares Rise After News of New iPhone-Assembly Plant – MarketWatch

Luxshare Precision is constructing a 285,000-square-meter manufacturing park in the Chinese city of Kunshan with an investment of 11 billion yuan , Nikkei reported.

bank showed that despite China’s handset shipment volumes rising 19% in November from a year earlier, sales for the month fell 11%, implying rising channel inventories.

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