After winning the Apple ‘iPhone 13’ order, Luxor achieved great success.

Apple supplier Luxor Precision Industry posted record earnings and profits for the first half of 2021, an expected result as the company’s tech giant deepened its supply chain.

In the first half of 2021, Luxor’s revenue increased to 48.14 billion yuan (approximately 7. 7.742 billion), up 30% from the same period last year. Nikki Asia. Net profit rose 3.08 billion yuan, up 22 percent year on year.

“Some of our businesses have been suspended due to a number of external factors,” LuxShare said in a filing. “But looking forward to the second half of this year, we are determined to continue our five-year corporate growth plan while external uncertainty is expected to persist.”

The report says that although there is no special allotment compared to Taiwan’s current Foxconn and Pegatron, the victory is significant for Luxor, which has grown from the supply of connectors in 2013 to the AirPods in 2017 and the Apple Watch in 2019. Worked until model assembled.

Last year, Luxor invested 472 million to buy an iPhone factory from Apple partner Western.

The report says Apple is diversifying its supply chain to include Chinese-based companies, and currently has partnerships with more suppliers than China and Hong Kong compared to Taiwan.

Lens technology, which provides iPhone cover glass and metal casing, saw 40% revenue in the first half. Sources told the outlet that after acquiring the catcher technology casing factories in 2020, the company started manufacturing aluminum alloy frames for the “iPhone 13” this month. Apple reportedly urged Luxor to buy Catcher’s services, but the firm took the opportunity.

Apple iPhone battery supplier Snowda Electric increased its profit by 350% to 488.7 million yuan in the second quarter, while Shenzhen Desi Battery Technology increased its revenue by 24% to 7.82 billion yuan in the same period. The report said that Jiangsu Chang Jiang Electronics Technology, a chip packaging and testing supplier, saw net profit in the first half rose 261% to 1.3 billion yuan.

Lens Technology, Sun Voda Electric, Shenzhen Desai Battery Technology and Jiangsu Changjiang Electronics Technology are all based in China.

Apple is expected to announce the “iPhone 13” with the new “Apple Watch Series 7” models at a special event this fall.


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