Filing shows Apple supplier Luxshare plans to buy a 62.5% stake in Pegatron's Kunshan unit in eastern China for about $300M, as it seeks to compete with Foxconn (Debby Wu/Bloomberg)

Debby Wu / Bloomberg:
Filing shows Apple supplier Luxshare plans to buy a 62.5% stake in Pegatron's Kunshan unit in eastern China for about $300M, as it seeks to compete with Foxconn  —  - Pegatron to sell majority stake of Kunshan campus to Luxshare  — Apple's fostering Chinese suppliers to boost ties with Beijing