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Manufacturer of connectors, cables, motors, wireless charging, FPCs, antennas, acoustics and electronic modules invest 3 billion in smart wearables projects

Wang Laisheng, Vice Chairman of Lixun Precision Industry Co., Ltd., introduced the smart wearable device production base project signed this time. Lixun Precision Group will invest 3 billion yuan in the development zone to build a smart wearable device R & D and production base. After the project is put into full production, the annual sales will exceed 13 billion yuan, and the annual tax payment will exceed 500 million yuan. The project will lease 78,000 square meters of state-owned plant carrier in Wuzhong Comprehensive Insurance Zone. This project took only one month from the contact negotiation to the signing of the contract, which once again refreshed the "development zone speed" of investment promotion. The signing of the project is not only a key move for Luxun Precision Group to actively expand the development space, but also a concrete action for the development zone to implement the "3 + 3" industrial development plan and build a modern industrial park. Significant results.

It is reported that Lixun Precision Industry Co., Ltd. mainly develops and produces connectors, smart headset products, wireless chargers, smart wearable products, enterprise base station antennas, automotive and medical related products. Partners include Apple, Lenovo, Huawei, HP, Dell , Microsoft, Google, Inspur, Nissan, Bosch, Amazon, Ericsson, Nokia, Dyson and other world-renowned companies. The company has 4 R & D centers and more than 50 manufacturing plants around the world. As a benchmark for the development of private enterprises, Lixun Precision Industry Co., Ltd. has won the honor of being ranked fourth in China's Top 100 Electronic Components Enterprises in 2018, ranked fifth in total profits, ranked second in export earnings, and ranked second in growth.

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