Liquidmetal Technologies Inc (LQMT)

[jaybiscuit]

https://www.patentlyapple.com/patently-apple/2020/05/apple-is-reportedly-looking-to-expand-iphone-production-and-is-looking-to-their-airpods-air-supplier-as-a-possible-third-supp.html


The publication states in a report today that "Apple has advised one of its Chinese AirPods assemblers [Luxshare] to make a major investment in Catcher. The reason given is that Apple wants a third iPhone supplier beyond Pegatron and Foxconn, and more specifically, a Chinese supplier.



Luxshare-ICT has reportedly been in talks with Catcher Technology, the world's second-largest metal casing provider, for more than a year and has recently entered a deeper round of negotiations, said one of the people who is familiar with the situation.



The deal, if realized, would give Luxshare the ability to produce high-quality metal casing as well as access to smartphone assembly know-how, which would take it a step closer to becoming the Chinese version of Foxconn -- a single company with operations that span nearly the entire electronics supply chain. Such a move could ultimately help Luxshare grab a share of iPhone production, which ships around 200 million units each year.