iPhone supplier Pegatron takes over Casetek
What you need to know
- There's more movement in Apple's supply chain.
- iPhone assembler Pegatron is taking over Casetek.
- Analysts say it is shoring up its position against rival Luxshare.
iPhone assembly partner Pegatron is taking over Casetek Holdings Ltd, in an attempt to shore up its position against Chinese rival Luxshare.
The report says both Pegatron and Apple's main supplier Foxconn are preparing for "intensified competition" from rival Luxshare, and other mainland rivals in China. Recent reports note that China is continuing to invest in domestic supply chains to serve China as US-China trade tensions heat up. From analyst Jeff Pu:
A report earlier this week suggested Foxconn plans to split its supply chain due to trade war pressures, and that China was no longer "a factory to the world." From that report:
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Stephen Warwick has written about Apple for five years at iMore and previously elsewhere. He covers all of iMore's latest breaking news regarding all of Apple's products and services, both hardware and software. Stephen has interviewed industry experts in a range of fields including finance, litigation, security, and more. He also specializes in curating and reviewing audio hardware and has experience beyond journalism in sound engineering, production, and design.
Before becoming a writer Stephen studied Ancient History at University and also worked at Apple for more than two years. Stephen is also a host on the iMore show, a weekly podcast recorded live that discusses the latest in breaking Apple news, as well as featuring fun trivia about all things Apple. Follow him on Twitter @stephenwarwick9