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Thursday, 08/20/2020 8:34:33 AM

Thursday, August 20, 2020 8:34:33 AM

Post# of 232838
yihao customer lens technology co buys 2 plant/business from iphone frame supplier catcher.
first luxhsare and now lens tech getting into the apple supply chain and both have strong connection to eon/yihao.

https://www.patentlyapple.com/patently-apple/2020/08/apples-iphone-frame-supplier-catcher-is-adding-new-production-outside-of-china-selling-their-chinese-businesses-to-lens-techn.html

"Following iPhone assembler Pegatron’s acquisition of casing unit Casetek, Catcher is likely to lose its longtime partnership with Pegatron and lose market share within the Apple supply chain, so Catcher may be selling the plant to get some cash back." Pu added that the plant is responsible for assembling metal frames and glass backs of iPhones. "For Lens Technology Co, buying this plant that provides preliminary assembly service may boost the company’s chances  of winning iPhone and iPad assembly orders in the future."

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