Luxshare

Luxshare-TECH Preview for OFC 2024: Collaborating with Ecosystem Partners to Explore Cutting-Edge Technologies

Retrieved on: 
Monday, March 25, 2024

The company collaborates with industry leaders like Keysight, MACOM, POET, and Spirent to drive innovation and development in optical interconnect technologies.

Key Points: 
  • The company collaborates with industry leaders like Keysight, MACOM, POET, and Spirent to drive innovation and development in optical interconnect technologies.
  • The rise of artificial intelligence and big data has fueled the widespread adoption of optical interconnect technologies in data centers and communication networks.
  • As a leading player in the optical communications industry, Luxshare-TECH actively collaborates with industry ecosystem partners to jointly research, develop, and deliver cutting-edge technologies and products.
  • At the upcoming OFC 2024, Luxshare-TECH will partner with industry leaders like Keysight Technologies, MACOM Technology Solutions, Inc., POET Technologies and Spirent Communications to showcase the latest advancements in optical interconnect technologies.

Luxshare-TECH Preview for OFC 2024: Unveiling Diverse Interconnect Applications for 800G LPO

Retrieved on: 
Monday, March 25, 2024

Luxshare-TECH to showcase a range of 800G LPO products at OFC 2024, demonstrating their versatility and performance in different application scenarios.

Key Points: 
  • Luxshare-TECH to showcase a range of 800G LPO products at OFC 2024, demonstrating their versatility and performance in different application scenarios.
  • Live demonstrations at OIF and Luxshare-TECH booths will highlight the interoperability and compatibility of 800G LPO solutions.
  • Luxshare-TECH is at the forefront of LPO innovation, and at OFC 2024, the company will showcase a diverse range of 800G LPO products that address the needs of various applications.
  • @Luxshare-TECH Booth #3044 Presentation of 400G QSFP112 DR4 LPO & 400G QSFP112 DR4 DPO:
    Explore the full range of Luxshare-TECH's 800G LPO products, including the 400G QSFP112 DR4 LPO and 400G QSFP112 DR4 DPO series.

Qorvo Forms a Strategic Partnership With Luxshare

Retrieved on: 
Monday, December 18, 2023

Upon closing, Luxshare will acquire each facility’s operations and assets, which include the property, plant and equipment, as well as the existing workforce, to enable seamless continuity of operations.

Key Points: 
  • Upon closing, Luxshare will acquire each facility’s operations and assets, which include the property, plant and equipment, as well as the existing workforce, to enable seamless continuity of operations.
  • Qorvo will continue to maintain its sales, engineering and customer support employees in China to continue serving customers.
  • Following the close of the transaction, Luxshare will assemble and test products for Qorvo under a newly established long-term supply agreement.
  • Bob Bruggeworth, president and chief executive officer of Qorvo, said, “The Beijing and Dezhou facilities have been an important part of our history and manufacturing network for decades.

Connector Market Expected to Reach $168.0 Billion, Globally, By 2031 at 7.9% CAGR: Allied Market Research

Retrieved on: 
Wednesday, November 8, 2023

WILMINGTON, Del., Nov. 8, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "Connector Market By Product, End User, and Material: Global Opportunity Analysis and Industry Forecast, 2023-2032". According to the report, the global connector market was valued at $79.8 billion in 2022, and is projected to reach $168 billion by 2032, registering a CAGR of 7.9% from 2023 to 2032.

Key Points: 
  • There was an increase in demand for connectors used in healthcare and medical equipment, as well as for data centers and telecommunication infrastructure.
  • The surge in remote work and reliance on digital technologies further amplified the need for connectors supporting these applications.
  • Increased demand for automotive electronics is expected to drive the market during the forecast period.
  • However, the Asia-Pacific region is expected to witness the fastest CAGR of 8.4% from 2022 to 2031.

Connector Market Expected to Reach $168.0 Billion, Globally, By 2031 at 7.9% CAGR: Allied Market Research

Retrieved on: 
Wednesday, November 8, 2023

WILMINGTON, Del., Nov. 8, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "Connector Market By Product, End User, and Material: Global Opportunity Analysis and Industry Forecast, 2023-2032". According to the report, the global connector market was valued at $79.8 billion in 2022, and is projected to reach $168 billion by 2032, registering a CAGR of 7.9% from 2023 to 2032.

Key Points: 
  • There was an increase in demand for connectors used in healthcare and medical equipment, as well as for data centers and telecommunication infrastructure.
  • The surge in remote work and reliance on digital technologies further amplified the need for connectors supporting these applications.
  • Increased demand for automotive electronics is expected to drive the market during the forecast period.
  • However, the Asia-Pacific region is expected to witness the fastest CAGR of 8.4% from 2022 to 2031.

Luxshare Precision's Journey Towards Sustainable Development and Excellence

Retrieved on: 
Sunday, October 29, 2023

Luxshare Precision's Chairman Grace WANG also expressed the commitment in a recent media interview, "Green and low-carbon initiatives, along with sustainable development, are crucial issues in Luxshare Precision's high-quality development process.

Key Points: 
  • Luxshare Precision's Chairman Grace WANG also expressed the commitment in a recent media interview, "Green and low-carbon initiatives, along with sustainable development, are crucial issues in Luxshare Precision's high-quality development process.
  • Through active ESG practices, Luxshare Precision has contributed to the sustainable development of the industry and society as a whole.
  • Responsible governance to promote sustainable development Luxshare Precision has implemented a three-level sustainability governance structure featuring "decision-making - planning - execution", which consists of the Board of Directors, the Sustainable Development Center and the Sustainability Implementation Team.
  • Over the past few years, Luxshare has kept practicing the concept of sustainable development and has achieved significant results in ESG.

Impressive Q3 Financial Results for Luxshare Precision with Full-Year Performance Expected to Hit RMB10 Billion

Retrieved on: 
Friday, October 27, 2023

According to the financial report, the company's revenue for the first three quarters amounted to RMB155.875 billion, reflecting a year-on-year growth of 7.31%.

Key Points: 
  • According to the financial report, the company's revenue for the first three quarters amounted to RMB155.875 billion, reflecting a year-on-year growth of 7.31%.
  • This projection indicates a range of RMB10.767 billion to RMB11.225 billion, surpassing RMB10 billion for the first time in Luxshare's history.
  • The disclosed financial report underscores Luxshare Precision's consistent improvement in sales gross margin and net profit margin.
  • In the automotive sector, Luxshare Precision covers domains such as automotive wire harnesses/connectors, vehicle electronics, Intelligent cockpits, and autonomous driving.

Global Electronic Connector Market Set to Reach $123.90 Billion by 2032: Fuelled by Demand in Automotive, IoT, and 5G - ResearchAndMarkets.com

Retrieved on: 
Monday, October 23, 2023

The Electronic Connector Market has seen noteworthy developments, including partnerships and product launches:

Key Points: 
  • The Electronic Connector Market has seen noteworthy developments, including partnerships and product launches:
    TE Connectivity partnered with Preddio Technologies to integrate wireless technology and cloud-based analytics with energy-efficient sensors.
  • Drivers for the Electronic Connector Market include the rapidly increasing demand for electrical connectors in the automotive industry, the adoption of IoT, and the growing demand for renewable energy sources.
  • Key players in the global electronic connector market analyzed and profiled in the study involve electronic connector-based product manufacturers and start-ups.
  • What are the major market drivers, challenges, and opportunities in the electronic connector market?

China Leads the Charge in the Electronic Connector Market: Rapid EV Adoption and Thriving Telecom Drive Growth

Retrieved on: 
Wednesday, October 18, 2023

China held the largest share of the Electronic Connector Market in 2022, driven by significant automotive production and a thriving telecommunications industry.

Key Points: 
  • China held the largest share of the Electronic Connector Market in 2022, driven by significant automotive production and a thriving telecommunications industry.
  • However, the Rest-of-the-World and Asia-Pacific and Japan markets are expected to experience high growth rates during the forecast period, particularly due to the rapid adoption of electric vehicles in China.
  • The Electronic Connector Market has seen noteworthy developments, including partnerships and product launches:
    TE Connectivity partnered with Preddio Technologies to integrate wireless technology and cloud-based analytics with energy-efficient sensors.
  • Key players in the global electronic connector market analyzed and profiled in the study involve electronic connector-based product manufacturers and start-ups.

Apple's 2023 Fall High-End Product Launch: A Boon for Suppliers

Retrieved on: 
Thursday, September 28, 2023

HONG KONG, Sept 28, 2023 - (ACN Newswire) - On September 12th, Apple's annual fall launch event was held.

Key Points: 
  • HONG KONG, Sept 28, 2023 - (ACN Newswire) - On September 12th, Apple's annual fall launch event was held.
  • Despite a 1.7% drop in stock price after the event, the company's stock price has still gone up nearly 40% since the beginning of 2023.
  • As the most anticipated Pro lineup, iPhone 15 Pro and iPhone 15 Pro Max received wide attention during the event.
  • Both models feature a strong and lightweight aerospace-grade titanium design, making them the most durable yet lightest Pro models ever.