Apple relies on Chinese suppliers for new iPhone

Apple will increasingly rely on Chinese suppliers and contract manufacturers for its new iPhone model, Nikkei Asia reports with reference to informed circles. According to the report, Chinese electronics manufacturer Luxshare Precision Industry will produce up to three percent of the upcoming iPhone series 13. The company has not yet manufactured any iPhones. According to Nikkei, it is unusual for Luxshare to have immediately received a production order for Apple’s premium model. The company will take market shares from competitors such as Foxconn and Pegatron, Nikkei reported.