Is Apple shifting its orders from Foxconn to China based Luxshare?

Raising its focus on its Chinese suppliers, Apple will apparently be shifting its orders from its primary Taiwanese supplier Foxconn to China based Luxshare.

Rumored to have made a secret deal with the Chinese government, the Cupertino based giant is supposed to invest in local companies. As per this deal, Apple is also moving more of its orders to China based companies. The report adds that the brand’s CEO Tim Cook is taking this step to aid Beijing in expanding its local tech industry.

At present, Apple’s AirPods earbuds are assembled by Luxshare, which was previously made by Taiwan based firms. In other words, Taiwanese suppliers no longer held a monopoly. This even enabled Luxshare to jump up the ladder of Apple’s supply chain. This is a clear indication that Luxshare might soon dethrone Foxconn’s top seat.

As per the report, the deal between the iPhone maker and China is worth 275 billion US Dollars.

China is a key region for the company, with the market accounting for 20 percent of its revenue and more than 15 percent of all iPhone sales. However further information on this piece of news is still awaited.