Luxshare Precision Industry Co Ltd - Company Profile
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Luxshare Precision Industry Co Ltd (Luxshare) is a designer and manufacturer of cable assembly and connector system solutions. The company’s product portfolio includes cables assemblies, housing/connector, motors, plastic components, entertainment cables, smart wearables, wireless charges, antennas, acoustic components and electronic modules, and cloud solutions. It also offers bare wire, flexible printed circuit boards, coaxial cables, power cables, flexible cables, and precision hardware components. These products find application in consumer electronics such as TVs, smartphones; automotive; cloud solutions including servers, and telecom equipment; telecommunication; medical applications and enterprise products. The company manages its offices in Taiwan, Korea, Japan, the UK, and the US and one plant office in Germany. Luxshare is headquartered in Dongguan, Guangdong, China.
Luxshare Precision Industry Co Ltd premium industry data and analytics
Products and Services
Products |
---|
Cable Assemblies |
Connectors |
Antennas |
XYZ |
XYZ |
XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2023 | Contracts/Agreements | In December, the company and Qorvo entered into an agreement to acquire Qorvo’s assembly and test facilities in Beijing and Dezhou, China. |
2023 | Corporate Changes/Expansions | In November, the company invested US$504 million to build a new facility in Vietnam. |
2023 | Others | In February, the company and Apple agreed to develop the iPhone maker's long-awaited augmented reality (AR) device. |
Competitor Comparison
Key Parameters | Luxshare Precision Industry Co Ltd | TE Connectivity Ltd | GoerTek Inc | Amphenol Corp | Hirose Electric Co Ltd |
---|---|---|---|---|---|
Headquarters | China | Switzerland | China | United States of America | Japan |
City | Dongguan | Schaffhausen | Weifang | Wallingford | Yokohama-Shi |
State/Province | Guangdong | Schaffhausen | Shandong | Connecticut | Kanagawa |
No. of Employees | 236,932 | 90,000 | 81,370 | 95,000 | 4,944 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Laichun Wang | Chairman; General Manager | Executive Board | 2004 | 56 |
WU Tiansong | Chief Financial Officer | Senior Management | 2019 | 53 |
Laisheng Wang | Vice Chairman | Executive Board | 2009 | 59 |
LI Wei | Director; Deputy General Manager | Executive Board | 2021 | 43 |
WANG Tao | Deputy General Manager; Director | Executive Board | 2021 | 38 |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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