Data map (from: Apple's official website)
Lixun Precision is the largest consumer electronics manufacturer in China, and these manufacturers are starting to grab more orders from old generation factories such as Foxconn. Lixin Precision has become the main supplier of AirPods in recent years, and AirPods is the fastest-selling consumer in the market.partsOne of. Guo Mingchi, an international analyst at TF, estimates that AirPod shipments may grow by 60% to 70% in 2019 and 50% to 60% in 2020.
"Thanks to its comprehensive product line and expertise in research and development and production of precision electronic components, Lixun Precision is in a rapid growth stage, especially its professionalism provides a defensive moat for it." Zhu Jixiang, an international analyst at Csc, said. "AppleIrPods is a bright spot in the market, and Lixun Precision has a considerable share in the assembly Market of this product.
Lixin Precision's share price fell 2% on Wednesday, but Mark Huang, an analyst at YaoCai Securities, partly blamed his conservative forecast of an 18% to 38% increase in net profit for the current quarter.