Reuters reveals Apple supplier Luxshare unnerves Foxconn as U.S.-China feud speeds supply chain shift

Reuters revealed how Apple’s top iPhone assembler, Taiwan-based Foxconn, has set up a task force to fend off the growing clout of Chinese electronics manufacturer Luxshare, which it believes poses a serious threat to its dominance. The project was initiated by Foxconn’s founder Terry Gou, according to a Reuters source, to target Dongguan-based Luxshare, which is little-known internationally but is poised to become the first mainland China-headquartered firm to assemble iPhones – a turf until now dominated by Taiwanese manufacturers.