China’s Wingtech, supplier to Apple, Samsung, Xiaomi, and others, plans to sell its contract manufacturing business to Luxshare after being sanctioned by the US (Iris Deng/South China Morning Post)

Iris Deng / South China Morning Post:
China’s Wingtech, supplier to Apple, Samsung, Xiaomi, and others, plans to sell its contract manufacturing business to Luxshare after being sanctioned by the US  —  The Shanghai-listed company says it will sell its consumer-electronics contract manufacturing business to focus on semiconductors