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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