Major Taiwanese news network Liberty Times Network (LTN) recently reported that Luxshare, a Chinese electronic components manufacturer and a major Apple supplier, held an online press conference not long ago saying that the new U.S. tariffs will not have a major impact on the company. However, Laichun Wang, Luxshare’s chairman of the board, said in an internal teleconference that the company is moving more production lines outside China and has plans to do some manufacturing inside the United States.
In a hour-long internal discussion, Wang said the company only has a small number of finished products directly shipped to the United States, yet the company still needs to increase its overseas investment. More importantly, some domestic investment plans have to be paused for the time being. The company is in the middle of discussions with its U.S. customers about moving more production lines to the United States. Regarding whether the tariffs will be absorbed jointly by the suppliers, the product companies and the final consumers or not, Wang said, “So far, no hardware suppliers have assumed the charges for tariffs or logistics. This has never happened before.”
Luxshare is one of the primary Apple suppliers, headquartered in Baoan District, Shenzhen, Guangdong Province. It’s Foxconn’s largest iPhone OEM rival. The company also designs and manufactures electronic equipment such as routers, wireless charging modules and video conference equipment. Luxshare currently has production bases and research centers in Malaysia, Thailand, Vietnam, Mexico and the United States.
Neither Luxshare nor Apple responded to requests for comment from LTN.
Source: LTN, April 9, 2025
https://ec.ltn.com.tw/article/breakingnews/5007082