Liquidmetal Technologies Inc (LQMT)

[JoTu]

Apple seems to be looking to build a supply chain consisting of China-based makers for iPhones specically for the Chinese market. Chinese maker Luxshare has already taken manufacturing plants in China from Taiwan's Wistron. Luxshare and another Chinese company, Lens Technology, are reportedly also looking to buy metal chassis plants from Taiwanese rms, as they seek to expand their presence in the iPhone ecosystem with approval from Apple. The US vendor has already disclosed that its 5G iPhone will come later than usual, and Digitimes Research estimate that global 5G smartphone shipments will reach more than 250 million units in 2020. Digitimes Research also expects global server shipments to shrink 5.6% sequentially in third-quarter 2020 as demand decelerates.

Apple keen to recruit more Chinese suppliers for iPhone: Apple is seemingly continuing to recruit more Chinese suppliers for iPhones, judging from Chinese EMS provider Luxshare Precision Industry and handset cover glass maker Lens Technology's aggressive moves seeking to acquire metal chassis plants operated in China by Taiwan-based makers, reportedly under the nod from the US vendor, according to industry sources.

https://www.digitimes.com/news/a20200804VL200.html