• Advertise
  • Contact Us
  • Supplier Directory
  • SCB YouTube
  • About Us
  • Login
  • Subscribe
  • Logout
  • My Profile
  • LOGISTICS
    • Air Cargo
    • All Logistics
    • Facility Location Planning
    • Freight Forwarding/Customs Brokerage
    • Global Gateways
    • Global Logistics
    • Last Mile Delivery
    • Logistics Outsourcing
    • LTL/Truckload Services
    • Ocean Transportation
    • Parcel & Express
    • Rail & Intermodal
    • Reverse Logistics
    • Service Parts Management
    • Transportation & Distribution
  • TECHNOLOGY
    • All Technology
    • Artificial Intelligence
    • Cloud & On-Demand Systems
    • Data Management (Big Data/IoT/Blockchain)
    • ERP & Enterprise Systems
    • Forecasting & Demand Planning
    • Global Trade Management
    • Inventory Planning/ Optimization
    • Product Lifecycle Management
    • Robotics
    • Sales & Operations Planning
    • SC Finance & Revenue Management
    • SC Planning & Optimization
    • Supply Chain Visibility
    • Transportation Management
  • GENERAL SCM
    • Business Strategy Alignment
    • Customer Relationship Management
    • Education & Professional Development
    • Global Supply Chain Management
    • Global Trade & Economics
    • Green Energy
    • HR & Labor Management
    • Quality & Metrics
    • Regulation & Compliance
    • Sourcing/Procurement/SRM
    • SC Security & Risk Mgmt
    • Supply Chains in Crisis
    • Sustainability & Corporate Social Responsibility
  • WAREHOUSING
    • All Warehouse Services
    • Conveyors & Sortation
    • Lift Trucks & AGVs
    • Order Management & Fulfillment
    • Packaging
    • RFID, Barcode, Mobility & Voice
    • Warehouse Automation
    • Warehouse Management Systems
  • INDUSTRIES
    • Aerospace & Defense
    • Apparel
    • Automotive
    • Chemicals & Energy
    • Consumer Packaged Goods
    • E-Commerce/Omni-Channel
    • Food & Beverage
    • Healthcare
    • High-Tech/Electronics
    • Industrial Manufacturing
    • Pharmaceutical/Biotech
    • Retail
  • THINK TANK
  • WEBINARS
    • On-Demand Webinars
    • Upcoming Webinars
    • Webinar Library
  • PODCASTS
  • WHITEPAPERS
  • VIDEOS
Home » U.S. Chipmaker to Sell Chinese Factories to Local Company

U.S. Chipmaker to Sell Chinese Factories to Local Company

AN OFFICE BUILDING QITH A QORVO SIGN OUTSIDE OF IT HAS A WINDOW LABELED QORVO.
San Jose, California. Photo: iStock.com/Sundry Photography
December 21, 2023
SupplyChainBrain

The American wireless connectivity chipmaker Qorvo said that it would be selling two of its factories in China to a local company. The financial terms of the deal have not been announced.

According to the South China Morning Post, the North Carolina-based organization said that it had signed an agreement to sell its circuit assembly operations in Beijing and Dezhou to the iPhone assembler Luxshare Precision Industry.

Luxshare will take over the operations and the company’s assets including the property, the plant, equipment and the existing workforce. Qorvo will maintain sales, engineering and customer support teams in China.

Once the deal is completed, which is expected to occur during the first half of 2024, the two sides will enter into a long-term supply agreement to see Luxshare manufacture and test products made by the U.S. chip company.

Luxshare has become a major part of Apple’s Chinese manufacturing operations after the company was founded as a computer cable assembler almost 20 years ago in Dongguan. Luxshare is one of Apple’s biggest suppliers of AirPods and was also tapped to make models of the iPhone 14 following worker clashes at Foxconn Technology Group’s Zhengzhou plant towards the end of 2022.

Apple is one of Qorvo’s biggest customers, contributing almost 37% to the company’s total revenue for the fiscal year that ended April 2023.

    RELATED CONTENT

    RELATED VIDEOS

    Facility Location Planning Transportation & Distribution Inventory Planning/ Optimization Sales & Operations Planning Chemicals & Energy High-Tech/Electronics
    • Related Articles

      Chinese Chipmaker Asks Suppliers to Buy Back Banned Gear

      VW Plans to Close German Factories for First Time in Company's History

      Chinese EV Company Planning to Eliminate 10% of Its Workforce

    SupplyChainBrain

    Trump Tariffs Would Damage U.K. Economy, Says Think Tank

    More from this author

    Subscribe to our Daily Newsletter!

    Timely, incisive articles delivered directly to your inbox.

    Popular Stories

    • A PARTIALLY OPEN AIRCRAFT MANUFACTURING HANGAR SPORTS HUGE IMAGES OF PLANES ON ITS SLIDING DOORS

      Boeing Dismantles DEI Team as Pressure Builds on New CEO

      Air Cargo
    • A large blue container ship docked at a port, below three white shipping cranes, while a grey barge moves through the waterway in the foreground

      Montréal Employers Threaten to Suspend Striking Port Workers’ Salary Guarantee

      Global Gateways
    • A row of white shipping cranes loading containers onto platforms as the sun sets in the background

      Strike at U.S. Ports Brought Debate Over Automation Front and Center

      Global Gateways
    • A CLOSE-UP OF VARIOUS PILLS ON A MAGENTA TABLE.

      U.S. More Susceptible to Drug Shortages Than Canada

      Global Supply Chain Management
    • THE PORT OF VANCOVER CAN BE SEEN DURING THE DAY WITH MOUNTAINS IN THE BACKGROUND SEPARATED BY A SMALL BODY OF WATER. SEVERAL CRANES AND CONTAINERS CAN BE SEEN AT THE PORT.

      Canada Port Disruption Sparks Fear of Wider Trade Snarls

      Global Gateways

    Digital Edition

    Cover nov 24 scb q4 2024

    Supply Chain Innovation 2024: A Formula for Thriving in the Age of Disruption

    VIEW THE LATEST ISSUE

    Case Studies

    • Recycled Tagging Fasteners: Small Changes Make a Big Impact

    • A GRAPHIC SHOWING MULTIPLE FORMS OF SHIPPING, WITH A HUMAN STANDING AT THE CENTER, TOUCHING A SYMBOLIC MAP OF THE WORLD

      Enhancing High-Value Electronics Shipment Security with Tive's Real-Time Tracking

    • A GRAPHIC OF INTERLACING HONEYCOMBED ELEMENTS REPRESENTING GLOBAL BUSINESS TRANSACTIONS

      Moving Robots Site-to-Site

    • JLL Finds Perfect Warehouse Location, Leading to $15M Grant for Startup

    • Robots Speed Fulfillment to Help Apparel Company Scale for Growth

    Visit Our Sponsors

    AutoStore Beumer Group Brightdrop
    CHEP Cleo Coenterprise
    Comarch Commport Cycle Labs
    Dassault Descartes Enveyo
    Eva Air Exiger ForwardX Robotics
    Frayt Generix Georgetown University
    GEP Holman Logistics iGPS
    Integrity Staffing JLL Kinaxis
    Korber LoadSmart Lucas Systems
    Manhattan Associates Netstock OWD
    Old Dominion Ortec PartnerLinQ (Visionet)
    Plante Moran Quickbase RapidRatings
    Rockwell Automation SAP S&P Global Mobility
    TADA Tecsys Zebra Technologies
    • More From SCB
      • Featured Content
      • Video Library
      • Think Tank Blog
      • SupplyChainBrain Podcast
      • Whitepapers
      • On-Demand Webinars
      • Upcoming Webinars
    • Digital Offerings
      • Digital Issue
      • Subscribe
      • Manage Your Subscription
      • Newsletters
    • Resources
      • Events Calendar
      • SCB's Great Supply Chain Partners
      • Supplier Directory
      • Case Study Showcase
      • Supply Chain Innovation Awards
      • 100 Great Partners Form
    • SCB Corporate
      • Advertise on SCB.COM
      • About Us
      • Privacy Policy
      • Contact Us
      • Data Sharing Opt-Out

    All content copyright ©2024 Keller International Publishing Corp All rights reserved. No reproduction, transmission or display is permitted without the written permissions of Keller International Publishing Corp

    Design, CMS, Hosting & Web Development :: ePublishing