Luxshare Precision, Lens Technology, and Goertek, China-based top-tier suppliers of Apple, are racing toward IPOs on the Hong Kong Stock Exchange (HKEX) as they seek capital to fuel transformation amid US-China trade frictions and supply chain realignments. Long defined by iPhone-related business, the trio is now banking on public listings to fund their next chapter in global manufacturing.

Taiwan’s Seetel, a lithium battery and energy storage manufacturer, said Tuesday it formed a strategic alliance with Canadian energy storage solutions provider Energy Plug to expand into global markets.

Sysgration posted NT$282 million (approx. US$9.7 million) in consolidated revenue for June 2025, marking year-over-year and month-over-month improvements of 12.83% and 5.65% respectively, as new products and clients begin contributing to revenue. For the second quarter of 2025, revenue grew by 9.50% year-over-year to NT$833 million (approx. US$28.6 million), while for the first half of the year, total revenue reached NT$1.706 billion (approx. US$58.6 million), increasing by 3.32% year-over-year even amid exchange rate fluctuations and other adverse external factors.

Apple has announced that Jeff Williams will step down as chief operating officer (COO) later this month, with Sabih Khan, the company’s senior vice president of Operations, set to assume the role in a planned leadership transition. Williams will continue to oversee Apple’s design team and Health initiatives until his retirement later this year.