Luxshare Precision Industry Co., Ltd. entered into an agreement to acquire 62.5% stake in Pegatron Plant in Kunshan from Pegatron Corporation for approximately $ 300 million.

Luxshare Precision Industry Co., Ltd. (SZSE:002475) entered into an agreement to acquire 62.5% stake in Pegatron Plant in Kunshan from Pegatron Corporation (TWSE:4938) for approximately $ 300 million on December 29, 2023. In a related transaction Luxshare completed a deal to acquire Chinese assembly and test facilities from the US wireless RF and power semiconductor specialist Qorvo.