Taiwan-based Apple Supplier Catcher To Sell Two Divisions To...
TAIPEI/SHANGHAI, Aug 18 (Reuters) - Taiwan-based Catcher Technology, a supplier to Apple Inc, has agreed to sell two units from its Lyra International division in China to Hunan-based Lens Technology Co for $1.43 billion, a company filing showed.
Headquartered in Tainan, Taiwan, Catcher makes metal casings for a range of consumer electronics, including the iPhone.
Smaller iPhone assembler Wistron last month agreed to sell two of its factories in China to fast-rising Chinese manufacturer Luxshare Precision Industry Co for tour phượng hoàng cổ trấn 3.3 billion yuan ($477 million).
Analysts have said Chinese companies are gearing up to get into the much coveted iPhone assembly chain amid a supply chain reshuffle following the China-U.S.
trade war.
Taiwanese firms currently dominate the iPhone supply chain, including Foxconn, the world's largest contract electronics manufacturer, kynghidongduong.vn Pegatron and Wistron.
($1 = 6.9220 Chinese yuan renminbi) (Reporting by Josh Horwitz in Shanghai and tour phượng hoàng cổ trấn Ben Blanchard in Taipei Editing by David Goodman and Susan Fenton)