Luxshare Gains Momentum Ahead of Apple's Major Product Launch Event

Stock News14:59

Shares of Luxshare Precision Industry Co., Ltd. (HKEX: 02475) advanced more than 3% during Hong Kong trading hours, with the stock last up 3.26% at HK$61.75, reflecting a turnover of HK$146 million.

In terms of catalysts, Apple's autumn product launch is scheduled for 1:00 AM Beijing time on September 10 at the Steve Jobs Theater in Apple Park. Notably, this marks the first major presentation under Apple's new CEO, John Ternus, who assumed the role on September 1.

At the same time, Apple's first foldable iPhone is expected to be the highlight of the event, drawing significant market attention. Meanwhile, the company continues to expand its multi-domain product portfolio, supported by rapid growth in AI-driven communications and data center businesses.

According to research from Zhongyuan Securities, in the optical interconnect segment, the company is advancing the large-scale deployment of 800G technology, having achieved volume production and shipment in the first half of 2026. It is also proactively developing next-generation technologies such as 1.6T, 2.4T, and 3.2T LRO, LPO, XPO, NPO, and CPO, with automated process development and mass production expected to materialize gradually in the second half of 2026 and beyond.

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