Major Acquisition: Luxshare Precision Pays 4.1 Billion Yuan for Leoni Group, a Top Player in Automotive Wiring Harnesses

September 20, 2024 – On September 17th, Leoni AG, a renowned manufacturer of automotive wire harnesses, signed a share purchase agreement with Chinese company Luxshare Precision. Under the terms of the agreement, Luxshare Precision will acquire 50.1% of Leoni Group’s shares and 100% of its wholly-owned subsidiary, Leoni Kabel (hereinafter referred to as “Leoni K”),…

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Enhancing Automotive Electronics: Samsung Motors’ Breakthrough with MLCC Capacitors

May 17, 2023 – In a significant breakthrough, Samsung Motors has unveiled their latest innovation in the field of electric vehicle technology – the world’s largest capacity multi-layer ceramic capacitor (MLCC) designed specifically for electric cars. This development marks a pivotal step for Samsung Motors as they strive to expand their high-end electronic product portfolio…

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News Break: iPhone 16 Pro to Feature Snapdragon X75 Modem, Standard Models Stick with X70

October 13, 2023 – Renowned market analyst, Jeff Pu of Haitong International Securities, recently released a market research report suggesting that Apple’s upcoming iPhone 16 Pro and iPhone 16 Pro Max models will be equipped with Qualcomm’s Snapdragon X75 modem, while the two standard models will retain the X70 modem. Setting aside the iPhone SE…

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