Apple’s top iPhone assembler, Taiwan-based Foxconn, has set up a
task force to fend off the growing clout of Chinese electronics
manufacturer Luxshare, which it believes poses a serious threat to
its dominance, three sources with knowledge of the matter said.
The project was initiated by Foxconn’s founder Terry Gou,
according to one of the sources, to target Dongguan-based
Luxshare, which is little-known internationally but is poised to
become the first mainland China-headquartered firm to assemble
iPhones — a turf until now dominated by Taiwanese manufacturers.
The task force, which the sources say was created last year,
has been looking into Luxshare’s technology, expansion plan,
hiring strategy and whether the company — which currently makes
only 5% of Foxconn’s revenue — is supported by any Chinese
I would think Apple would want to detangle its manufacturing from China, not entangle it further, but this might show how large China’s advantages are in this world.