Apple (AAPL) is expected to sign its first big order with Luxshare Precision for the assembly of its iPhone models, breaking Foxconn’s (HNHPF) hold on the company after being hit with worker protests over COVID-19 curbs at its largest factory in China, Qianer Liu of The Financial Times reports, citing people familiar with the situation. Luxshare has already been producing small amounts of the iPhone 14 Pro Max to compensate for the lost production at Foxconn’s Chinese factory, two people told the Times. Reference Link
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