TAIPEI/SHANGHAI (Reuters) - Taiwan-based Catcher Technology ( 2474.TW ), a supplier to Apple Inc ( AAPL.O ), has agreed to sell two units from its Lyra International division in China to Hunan-based Lens Technology Co ( 300433.SZ ) for $1.43 billion, a company filing showed.
Headquartered in Tainan, Taiwan, Catcher makes metal casings for a range of consumer electronics, including the iPhone.
Smaller iPhone assembler Wistron ( 3231.TW ) last month agreed to sell two of its factories in China to fast-rising Chinese manufacturer Luxshare Precision Industry Co ( 002475.SZ ) for 3.3 billion yuan ($477 million).
Analysts have said Chinese companies are gearing up to get into the much coveted iPhone assembly chain amid a supply chain reshuffle following the China-U.S. trade war.
Taiwanese firms currently dominate the iPhone supply chain, including Foxconn ( 2317.TW ), the world’s largest contract electronics manufacturer, Pegatron ( 4938.TW ) and Wistron.
($1 = 6.9220 Chinese yuan renminbi)
Reporting by Josh Horwitz in Shanghai and Ben Blanchard in Taipei; Editing by David Goodman and Susan Fenton