bullish
Luxshare Precision Industry: More Market Share Gains from Hon Hai Precision Likely in 2023
480 Views27 Jan 2023 22:15
SUMMARY
- We have a positive view of Luxshare Precision Industry (002475 CH) and we believe its shares are well poised to outperform the market this year.
- The recent production halts and protests at Foxconn's Zhengzhou facility due to the overly stringent COVID measures has benefited Luxshare since Apple has given more orders to the company.
- We believe Luxshare will continue to grab more market share for producing iPhones and other products of Apple in 2023.
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