iPhone metal shell supplier Catcher Technology announced today that it has agreed to sell its business in mainland China to blue
Technology Co., Ltd., a leading die maker of magnesium alloy in Taiwan, and is now part of apple iPhone, MacBook and iPad suppliers. LANs technology is a listed company in the mainland, which mainly focuses on the R & D, production and sales of high-end windows touch protection glass panel, touch module and window touch protection new materials. LANs will buy 100% of its two subsidiaries, Kesheng Technology (Taizhou) Co., Ltd. and Keli Technology (Taizhou) Co., Ltd. in cash, Kesheng technology said in a statement today. < / P > < p > the size of the deal is RMB 9.9 billion (US $1.43 billion) in cash. Among the above two subsidiaries, one of them accounted for 40% of the total sales of Kecheng technology in 2019. The deal has yet to be approved by the government and is expected to be completed by the end of this year. < / P > < p > in response to the deal, an analyst said: “after Hewlett Packard acquired the remaining shares of casetek, an iPhone shell maker, Kecheng technology may lose its long-term partnership with Hewlett Packard and lose its market share in Apple’s supply chain. Therefore, Kecheng technology may sell the factory in order to recover part of the cash. ” < / P > < p > it is understood that the two factories are mainly responsible for assembling the metal frame and glass back panel of the iPhone. “For lens, the acquisition of the plant, which provides initial assembly services, may improve its chances of winning future iPhone and iPad assembly orders,” the analyst added < / P > < p > just last month, wetng, an iPhone foundry, announced that it had agreed to sell two subsidiaries in East China to Lixun precision for RMB 3.3 billion. At the same time, Lixun precision also announced that it would acquire 100% equity of Weichuang investment (Jiangsu) Co., Ltd. and Weixin Zitong (Kunshan) Co., Ltd.