Apple supplier Luxshare seeks to raise $2.1 billion for device, EV expansion

Apple supplier Luxshare Precision Industry Co. is seeking to raise up to 13.5 billion yuan ($2.1 billion) through a private share placement to fund a series of projects from intelligent wearable device manufacturing upgrade to electric vehicle (EV) component production.Bloomberg News:The Shenzhen-listed company, a primary assembler of Apple’s AirPods products, plans to issue up to 2.1 billion shares to as many as 35 investors, including mutual funds, securities firms, trusts, finance compa